G7 financial leaders meet next Monday to discuss inflation

As investors wake up to the problem, G7 (G7) financial leaders will hold a virtual meeting next Monday to discuss emerging financial issues. An expert on the matter said the meeting would be held against the backdrop of product issues affecting the global economy, and leaders would also discuss health issues. Consumer prices hit their highest level in nearly 40 years, prompting the Fed to tighten monetary policy, according to financial data released by the United States on Friday. Electricity prices, labor shortages and global supply chain issues are also pushing up prices in the Eurozone and the UK.