"A range of monetary policies, including increased money supply and negative interest rates, were used to encourage spending.
But the current inflation is being driven by supply shocks — rising import and production costs.
Inflation started increasing in 2021 on the back of the COVID-19 pandemic and then the wars in Ukraine and the Middle East, at times edging toward 3 per cent."
Framing: assertive ·
First seen: 2026-09-18 ·
Last seen: 2026-09-18 ·
Spread: 1 articles