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Much of the world's population is aging, and older people are less likely to keep working. Those trends could act as supply shocks, similar to the shortages of goods and labor that accelerated inflation during the rebound from the pandemic recession.
JACKSON HOLE, Wyoming: Rising trade barriers. Aging populations. A broad transition from carbon-spewing fossil fuels to renewable energy.
Trade barriers, energy overhauls and aging populations could make central banks' work more difficult.
Rising trade barriers. Aging populations. A broad transition from carbon-spewing fossil fuels to renewable energy. The prevalence of such trends across the world could intensify global inflation pressures in the coming years and make it harder for the Federal Reserve and other central banks to meet their inflation targets. That concern was a theme sounded…
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