IMF-History's Inflation Lessons by Ari and Ratnovski
December 1, 2023--A study of 100 inflation shocks since the 1970s provides valuable pointers for policymakers today
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After a year or so, oil prices stabilized and inflation started to retreat. Many countries believed they had restored price stability and loosened policy to revive their recession-hit economies only to see inflation return. Could history repeat?
World inflation reached historic highs in 2022 after Russia's invasion of Ukraine triggered a terms-of-trade shock akin to that of the 1970s. Disruptions to Russian oil and gas supplies added to COVID supply-chain problems to drive prices higher. In advanced economies, prices rose at the fastest pace since 1984. In emerging market and developing economies, the price increase was the largest since the 1990s. |
Infographic-G20 Inflation Tracker: July September 4, 2025--Key Highlights:
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How Stablecoins and Other Financial Innovations May Reshape the Global Economy September 4, 2025--Policymakers will need to achieve a difficult balance between benefits and risks while safeguarding both individual consumers and financial stability |
Finance Changed, Risks Didn't September 4, 2025--New technologies are rewiring liquidity, payments, and economic stability |
Ondo Brings Over 100 Tokenized U.S. Stocks and ETFs Onchain, Starting on Ethereum September 3, 2025--Ondo Global Markets offers 24/7 onchain exposure to U.S. stocks and ETFs
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