Inflation could see a resurgence in 2025, BlackRock strategists warned.Jonathan Kitchen/Getty Images High inflation will stay for longer as commodity prices rallied again after falling for two years, World Bank Group says. The bank expects global inflation to jump by a solid percentage point by 2024 due to the flip-flop oil prices driven by geopolitical risks. The multilateral lender also predicts Gold to surge to a record high in 2024, then ease off a bit in 2025. High inflation could be with us for a while as a key deflationary force wanes, the World Bank Group said, The World Bank said in a report on Thursday that the two-year decline in global commodity prices has come to a halt, and an escalation of conflict in the Middle East has reversed the downward trend in inflation.

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