BREAKING NEWS: OECD ups inflation outlook for G20 to 3.6% in 2027 on higher energy prices
7 Articles
7 Articles
Inflation forecasts revised upwards in almost all G20 economies – OECD sees new interest rate hikes from Fed, ECB and Bank of Japan
The OECD raised its inflation forecasts for 2027 in almost all G-20 economies and anticipated further increases in rates in the United States, Japan, Australia, South Korea and the eurozone. The agency also warned that energy, the war in the Middle East, trade tensions and risks associated with artificial intelligence could prolong uncertainty for markets.
A new Fed rate hike by the end of the year and a further tightening of monetary policy in the eurozone is forecast by the Organisation for Economic Co-operation and Development (OECD), as the new surge in energy prices proves more persistent, keeping inflation above central bank targets across much of the global economy.In the interim Economic Outlook released on Wednesday, the OECD is revising upward its forecast for 2027 inflation in most majo…
Total inflation in the G-20 (OECD) countries will rise to 4.1 per cent this year from 3.4 per cent a year earlier, then fall to 3.6 per cent in 2027... ~ 23.09.2026, PRIM
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