Economists Assess Inflation Trends in 2025

Inflation remains a critical issue worldwide, with varying perspectives on its causes and future trajectories. In the U.S., economist Jeffrey Tucker attributes inflation to a significant increase in the money supply during the pandemic, predicting a resurgence by mid-2025, while highlighting a 22% decline in purchasing power since January 2020. In the British Virgin Islands, Premier Dr. Natalio Wheatley forecasts a decline in inflation from 3.30% in 2024 to 2.15% in 2025, although levels will remain above pre-pandemic rates. Meanwhile, Turkey's government, led by Vice President Cevdet Yılmaz, anticipates inflation easing significantly by mid-2025, with current levels dropping from 75.45% to 48.58% since earlier this year. Morgan Stanley projects Turkey's inflation to decrease from 44.5% in late 2024 to 26% by the end of 2025, citing strict macroeconomic policies. Overall, while some regions foresee declining inflation rates, others, particularly in the U.S., brace for continued economic challenges.