OECD: Risk of inflation due to recovery

OECD: Risk of inflation due to recovery

How long will inflation continue? No one has a glass ball, but as the months go by it becomes so The cost of living will continue to weigh on our pockets, Not only for bills, but also in supermarkets.

OECD is the latest in a series of granite uncertainties that inflation will soon lower its wings. In its latest forecasts, the Organization of the Petroleum Exporting Countries explains One of the major risks, With Kovid Global economic recovery, This theory becomes more concrete and the world’s major central banks change course: that is, they reduce the supply of cheap money.

A direction Federal Reserve. Jerome Powell, number one at the American Central Institute, is convinced that a rise in prices (US inflation at 6.2 per cent) should not be considered a “temporary phenomenon”, he added. More and less Washington is buying government bonds to support the U.S. economy because of the pandemic.

In Frankfurt, a foreign decision will be made in the middle of the month European Central Bank It does not want to change the recipe: because of the massive stimulus and low interest rates – President Christine Lagarde argues – this is a temporary phenomenon, mainly due to the increase in energy prices.

Prices raw material They were driven by strong demand that exploded with the end of strict health restrictions. Inflation in Europe is 4.9 percent. In Italy 3.8, Electricity and gas bills have been rising for months.

Our government has intervened several times in the last few months Simplify the increase This is not enough as it is planned to increase the forecast fund with the tactic of cooling the expensive bills from 2 to about 3 billion.

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