OECD warns inflation will run faster than forecast in 2027, calls for more rate hikes
The Organization for Economic Cooperation and Development says central banks including the Fed, ECB, and BOJ need to tighten policy further.
What to know
- The OECD forecasts global inflation will accelerate faster than previously expected in 2027.
- The organization recommends that central banks including the Fed, ECB, and BOJ implement additional monetary tightening.
- The warning extends across multiple major economies, from the US to Australia.
“Inflation around the world will be faster than forecast in 2027, an outlook that necessitates more tightening from the US to Australia”
OECD · Bloomberg Economics ↗
OECD International economic organization
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OECD forecasts faster global inflation in 2027, recommends rate hikes
The OECD released an economic outlook warning that inflation around the world will accelerate faster than previously forecast in 2027, requiring additional monetary tightening from central banks including the Federal Reserve, European Central Bank, Bank of Japan, and others through Australia.
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2 outlets first by Bloomberg Economics, 20h ago · also Japan Times · read ↗
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Inflation around the world will be faster than forecast in 2027, an outlook that necessitates more tightening from the US to Australia, the OECD said
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Global Inflation Will Linger and Fed Will Hike Again, OECD Says https://www. bloomberg.com/news/articles/20 26-09-23/oecd-warns-of-faster-global-inflation-sees-rate-hikes-at-fed-ecb-boj?utm_source=flipboard&utm_medium=activitypub Posted into Bloomberg Television @ bloomberg-television-bloomberg
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