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.

BlackRock Vice Chairman Philipp Hildebrand discusses the "transformational forces" driving policy and the global economy in 2025. He says the biggest risk is that "inflation is not just sticky, but continues to be stubbornly sticky.

Inflation remains a significant threat to the global economy as experts, including former Swiss central bank chief Philipp Hildebrand, warn of its persistence due to factors like aging societies and geopolitical fragmentation.

President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.

Economists are starting to model the effects of President-elect Donald Trump’s plans to raise tariffs, cut taxes and restrict immigration. The upshot: Inflation and interest rates are likely to be higher for at least the next two years than forecasters anticipated before the election.

On the eve of Donald Trump's inauguration, Democratic Representatives Shri Thanedar and Ro Khanna shared their perspectives in an exclusive interview with India Today.