The Organization for Economic Cooperation and Development said the war is a test of the resilience of the global economy, with higher energy prices and uncertainty weighing on economic growth the longer it goes on.
Despite global and domestic inflation, Japan’s central bank held interest rates near zero. But it’s just hinted that this policy will change.
The U.S. economy might have an easier time achieving a “soft landing” than economies in Europe and elsewhere.
But a few unique factors are driving up prices in the United States.
