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Global inflation
Latest news updates regarding global inflation.
US 30-year Treasury yields hit 5.12% amid a global sell-off.
Global bond markets experienced significant volatility as yields in the UK and Japan hit record highs. Oil prices surged to $109 per barrel, raising the likelihood of a Fed interest rate hike to 50%.
Market
The World Bank forecasts energy prices will rise by 24% in 2026, reaching a new record high.
The World Bank's Commodity Market Outlook report warns that global energy prices will rise sharply, driving inflation higher and threatening economic growth.
The World Bank forecasts energy prices will rise by 24% to a record high in 2026.
The World Bank warns that energy and fertilizer prices will rise sharply in 2026 due to supply disruptions, pushing inflation in developing countries to 5.1%.
Brent crude oil prices rose 10% to nearly $80 a barrel due to tensions in the Middle East.
World oil prices and gold prices both surged on March 2nd, while global stock markets fell amid inflationary pressures and concerns about supply chain disruptions.
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