Western media: global inflation pressure is expected to slow down

Reference News Network reported on August 21. According to the Spanish "National Daily" website reported on August 19, although bad news about inflation was waved, there was also hopeful light in the dark. The price data of the United States in July is better than expected, and the price trend of oil and other global economic products (such as copper or wheat) has become increasingly ease, which has recently made pessimistic remarks about economic recession. In addition, this good trend also provides a series of arguments that this inflation explosion does not have much connection with the inflation that shocked the world in the 1970s, and also made soft landing a possibility.

It is reported that the signs of looseness that appeared for the first time in the past few months are quite encouraging. However, it is still too much to celebrate now. Although the "dead fighting" with inflation seems more effective than a few weeks ago, the year -on -year increase in several countries (including Spain) is still double digits. The front state is still far away. In addition, from the mid -term or even long -term, the prevailing price frozen model in the past five years has become history.

Economist Anshl Uvid pointed out: "The most intense stages we have experienced in the past year are likely to have passed. The bottleneck problem is gradually solving. The same is fast. "He also said:" The key is that although these impacts have a certain strength, durability, and visibility, inflation expectations remain around 2%. The increase in demand is enough to allow us to hold an optimistic attitude, and it is expected to gradually stabilize the level of inflation in the next few quarters. "

Recently, after the increasing price of US prices, Bob Schwartz from the Oxford Economic Research Institute pointed out in an analysis: "The uncertain fog will not disperse within a few months, but this should not prevent us from seeing the clearness of our feet. The road. "An innovative artificial intelligence model of the Oxford Economic Research Institute showed that both the European Union and Japan will follow the footsteps of the United States to reach the peak of the inflation cycle in the second half of this year.

Hese Alias, a professor of economic policy at Victoria University in Spain, said: "All signs are more active than a few weeks ago, and no salary is now there." He also said: "Now that the curve has fallen and it has fallen and it has fallen and it has fallen and it has fallen and it has fallen. At the critical moment to reach the goal in early 2023: the longer we spend on the control of inflation, the greater the risk of economic conservative waves. This is the lesson of historical experience in the past. "

Professor Martin Urway, a professor of economics at Columbia University, emphasized that the development of the commodity market, especially the development of the oil market, is good news, and the improvement of the global commodity market is also exciting. However, he also called on the European Central Bank to take more actions to raise interest rates as soon as possible.

However, analysts of the European Central Bank believe that the concerns caused by July have not been alleviated, and the expected future expectations will not be fundamentally changed. Because the central banks of some countries are likely to stop raising interest rates due to the decline in crude oil prices, even the Fed's interest rate hike policy lacks flexibility.

Local time on August 17, 2022, London, UK, grapes sold in the market. (Visual China)

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