Watch: Inflation: Global economy faces ‘echoes of the 1970s,’ World Bank official says
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#inflation #recession #YahooFinance
World Bank Group's Franziska Ohnsorge joins Yahoo Finance Live to discuss inflation, recessionary risks, rising rates, and the outlook for the global economy.
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World Bank Group's Franziska Ohnsorge joins Yahoo Finance Live to discuss inflation, recessionary risks, rising rates, and the outlook for the global economy.
Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
https://youtu.be/Sb179GLPNYE
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gx-OzwHpM9k
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
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Francisco Gimeno - BC Analyst Financial and economic news are really elevating our anxiety. We are talking now not about just inflation, or recession, or a slow down. No, we are talking a full stagflation. That means to miss whole years of economic development but not for one or two countries, like Japan not so long ago, or some Africa countries. This seems a global stagflation and central banks are warning against this. We have better tools to fight this than in the 1970s when this happened too, but everything will depend on how it develops, how geopolitical issues are navigated, no more huge black swans appear (COVID, talks about famine...). We must remain united and supporting each other, as alone we are all vulnerable. Not to delay solutions, remain proactive and use all tools at our reach. Let's hope for the best.