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Bertille Bayart: “The inflation trap has closed”

2023-04-18T18:14:24.940Z


CHRONICLE - Current inflation is showing little impression in the face of the aggressive rate hikes opposed to it by the central banks.


The bogeyman of inflation crawled out from under our beds two years ago and has no plans to return any time soon.

Everywhere, the phenomenon questions, worries.

The highest authorities in the world warn:

"Inflation is more resilient than expected

," warned the IMF ahead of international meetings in Washington last week.

A banking group boss confirms: in this unstable world, if only one danger had to be mentioned, it is this one.

“Inflation is a phenomenon that destroys value and creates social and political imbalances

,” he says.

Read alsoWhy Europe is escaping the economic recession

The waltz of labels has imposed itself in all conversations.

It profoundly changes consumer behavior, and this no longer affects only the most modest.

In his speech at 8 p.m. on Monday April 17, Emmanuel Macron made

"rising prices"

one of the main grapes of the anger of the French.

A political withdrawal pass to clear the pension reform of having crystallized on its own...

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Source: lefigaro

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