Global Inflation Processes and the Interrelationship of Central Bank Policies

This article provides a scientific and theoretical analysis of global inflation processes and the interrelationship of central banks’ monetary policies. The study examines the factors influencing inflation formation, the mechanisms of its transmission at the global level, and key trends in the modern economy. It also analyzes the monetary instruments used by central banks interest rates, money supply, and exchange rate policies in regulating inflation. The findings indicate that, under conditions of global inflation, the effectiveness of national monetary policy is significantly influenced by external factors, requiring a flexible and comprehensive approach from central banks. The paper also develops scientifically grounded recommendations for stabilizing inflation.