Global Economics

Global Inflation Watch

11 September, 2013

Inflation to stay low even as the recovery picks up

Inflation in most advanced economies is likely to remain at or below target for at least the next two years. GDP has accelerated in many countries, and has stabilised in the euro-zone, but it will be several years before unemployment falls to levels consistent with a rise in wage inflation. And although most central banks, including the US Fed, will persist with very loose monetary policy, this is not likely to lead to much faster credit growth or rising price pressures.


Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.