Inflationary pressures in advanced and developing economies have been aggravated by rising commodity prices such as crude oil, which would likely reshape the accommodative monetary stance of major central banks in 2022. Curtailing 13  inflation and supply disruptions are key to supporting continued recovery of the global economy in 2022. Impact on Nigeria’s Economy 16.
Over the last 30 years the prevailing macroeconomic paradigm has conceived of macroeconomics as tracing out the implications of the optimizing intertemporal behaviour of a rational representative agent.