Continuous high inflation will put a damper on the world economy for the rest of 2022, according to a Jan. 28 Reuters poll of 500 economists that covered 46 economies. The analysts interviewed said they were trimming their global growth outlook due to worries of slowing demand and the risk that interest rates will rise too quickly. Many economists were blindsided by the surge in inflation along with the central banks and have downgraded their global growth forecasts due to the worsened outlook. Their previous assessments from three months ago assumed that inflation, driven in part by the pandemic-related supply crisis, would be only transitory. Omicron has been hurting near-term growth and putting persistent price pressures on consumers and businesses, but economists remain optimistic that price pressures will ease by 2023. The global markets have been wildly fluctuating this week as central banks move their targets to try to manage inflation. …