Inflation pressure intensifies uncertainty of world economic recovery - CGTN

The current inflation in Europe and the United States has both demand-side factors and supply-side shocks. If it is not solved well, it may drag down the recovery of the world economy and even bring about stagflation.

Editor's note: Liu Chunsheng is an associate professor at the Beijing-based Central University of Finance and Economics. The article reflects the author's opinions and not necessarily the views of CG… [+5490 chars]

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