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The world economy’s inflation problem is easing

Posted on AllSides January 28th, 2023
From The Left
Sébastian Thibault

After three chaotic years, investors have several reasons to be cheerful about the world economy. In America inflation is tumbling, raising hopes of a “soft landing”, in which price growth comes under control without a recession. Fortune has smiled on Europe, where a mostly warm winter has caused energy prices to plummet. And China’s economy, freed from Xi Jinping’s destructive “zero-covid” policy, is poised to rebound. Markets are joyous. The s&p 500 index of American stocks has risen by 5% since the start of the year. Share prices in Europe...

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https://www.economist.com/leaders/2023/01/26/the-world-economys-inflation-problem-is-easing

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