There is a case for cautious optimism that inflation will continue to fall to central banks’ targets, a blog post by several World Bank officials argues. 

“All fundamental drivers of inflation suggest that global inflation should decline in the coming months,” the authors write. “Global demand is easing, supply disruptions are fading, and commodity prices are moderating while monetary policies remain restrictive.”

The blogpost was written by Franziska Ohnsorge, the World Bank’s chief economist for