Drop-In: Global Inflation Watch – Limited second-round risks reduce need for rate hikes

Even as the US and Iran seek a deal that would reopen the Strait of Hormuz and lower energy prices, investors are increasingly focused on the risk of higher inflation worldwide, and tougher central bank responses. But how large is the risk of a renewed inflation surge, which economies are most vulnerable and to what extent do market interest rate expectations reflect what is likely to happen?

Our Global Inflation Watch is our regular survey of the inflation outlook across DMs and EMs, and the potential central bank response. To mark publication of the latest edition, Chief Global Economist Jennifer McKeown and Deputy Chief Global Economist Simon MacAdam are holding a special briefing at 10:00 ET/15:00 BST on Tuesday, 2nd June to discuss how the energy shock has altered the global inflation picture, while also highlighting where markets may be mispricing the outlook for inflation and interest rates.

Note: If you are unable to attend the live session, registering will ensure you are sent a recording.