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World Bank: Major Flare-Up In Middle East Conflict Could Stoke Global Inflation
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KUNA : World Bank: major flare-up in Middle East conflict could stoke global inflation - Economics
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Global Commodity Prices Level Off, Hurting Prospects for Lower Inflation
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Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall inflation last year, which could make it harder for central banks to cut interest rates quickly, the World Bank (WB) said in a report on Thursday. The report also found that a major outbreak of conflict in the Middle East could halt the inflationary decline that has occurred over the past two years.