BIS warns economies are approaching 'tipping point' where high inflation becomes entrenched - The Globe and Mail
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6/26/2022 12:00:00 AM2 years 10 months ago
by Mark Rendell
by Mark Rendell
Countries around the world are facing a dangerous cocktail of high inflation, slowing economic growth and heightened financial vulnerabilities, the Bank for International Settlements warned in its annual report
People shop at a Walmart Supercentre in Toronto on March 13, 2020.CARLOS OSORIO/Reuters Many economies are approaching a tipping point where high inflation becomes normal while economic growth slows… [+5681 chars]
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