The biggest threat to the world economy in the next year is the prospect that inflation turns out to be persistent, former Swiss central bank chief Philipp Hildebrand said.
The annual gathering in the Swiss ski resort had a complicated geopolitical backdrop this year.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.
Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
Inflation driven by tariffs is among the biggest market risks in 2025, Nicolai Tangen, head of the world's biggest sovereign wealth fund, said Tuesday.
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday.
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