Supply disruptions, bottlenecks likely to stay inflationary in 2022: IIF

London

WHILE the US Federal Reserve and other central banks around the world believe that inflation is temporary, new research from the Institute of International Finance (IIF) disagrees with this sanguine view.

Instead, the Washington-based IIF - a global association of the financial industry with nearly 450 members from 70 countries - said in a study that it believes consumption is rising, especially in the US.