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📈 Business
Economists: high inflation will persist until 2027 due to oil and AI investment
A Reuters survey in October covering more than 500 economists shows that inflation forecasts for 2027 have risen in 31 of 50 surveyed economies. Main drivers are rising crude oil prices — fueled by the Middle East conflict — and growing investment in artificial intelligence. At the same time, economic growth forecasts improved in 23 countries, putting central banks in a difficult position: strong economic growth makes fighting inflation harder.
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