Economists Lift 2027 Inflation Forecasts in 31 of 50 Economies
Photo: TokenPost
Economists raised 2027 inflation projections in most economies surveyed, a sign that inflation concerns are spreading as energy costs rise and may shape interest-rate expectations. Responses from more than 500 economists, gathered this month, showed upward revisions for 31 of 50 economies. The changes included 15 of the 21 advanced economies. Growth forecasts also increased in 23 economies. Crude oil has traded above $100 a barrel since Oct. 7, and prices are up more than 60% since conflict in the Middle East began roughly eight months ago.
Source: TokenPost
