Inflation has become the defining economic challenge of the past few years, affecting consumers, businesses, and policymakers around the world. While all major economies have been battling rising prices since the pandemic disrupted global supply chains, their responses have varied dramatically. The U.S., European Union, and key Asian economies are each navigating unique inflationary environments, with different policy tools, political constraints, and long-term risks. As Kavan Choksi UAE recently pointed out, “inflation may be a global phenomenon, but its drivers and solutions are deeply local,” highlighting the need for region-specific strategies. In the United States, inflation peaked at over 9%…
