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Growth slump could fuel inflation and spending blowout: Bank for International Settlements

Low productivity growth could prolong inflation and lead to an economic slowdown, generating social unrest and causing a blowout in government spending, the Bank for International Settlements says.


  • Oct 07 2024
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Growth slump could fuel inflation and spending blowout: Bank for International Settlements
Growth slump could fuel inflation and spending blowout: Bank for International Settlements
Low productivity growth could prolong inflation and lead to an economic slowdown, generating social unrest and causing a blowout in government spending, the Bank for International Settlements says.

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