High inflation: what you need to know

In many countries, inflation is at its highest level since the early 1980s, and consumers are feeling the pinch. What can be done to bring it under control? 00:00 - Global inflation is rising again 00:24 - What is inflation? 00:51 - Why is high inflation a concern? 01:40 - How to control inflation 03:00 - How monetary policy can tame inflation Sign up to our daily newsletter for the latest coverage: https://econ.st/3JrA0c5 Read more on our coverage of finance and economics: https://econ.st/3OW22xH How central banks are taming inflation: https://econ.st/3OVqmQf Should central banks’ inflation targets be raised? https://econ.st/3ORmi3j How higher interest rates will squeeze government budgets: https://econ.st/3SkfRc6 Soaring inflation is making South-East Asians hungrier and poorer: https://econ.st/3d3TAPJ Inflation in America may be even worse than thought: https://econ.st/3oSLFHG Why is inflation relatively low in some places? https://econ.st/3d3Rmj6 People’s inflation expectations are rising—and will be hard to bring down: https://econ.st/3zsCLoX