Rising risk of a higher inflation ‘regime’
We outline why the risk of a shift to a higher inflation regime, featuring inflation at 4% or more in the advanced economies for several years, has increased – and what we now think the probability of that risk is. We examine factors such as monetary growth, supply shocks, the broadness of price pressures, labour market developments and inflation expectations. We also look at some cross-country differences and recent changes in central bank behaviour.
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Ben May
Director of Global Macroeconomic Research
Ben May
Director of Global Macroeconomic Research
Ben May | Director of Global Macroeconomic Research
Ben May is a Director of Global Macroeconomic Research at Oxford Economics and is involved in the production and presentation of the company’s global macroeconomic views, with a leading role in our coverage of the advanced economies. Ben joined Oxford Economics in April 2014. He has over 15 years’ experience as a macro economist in the public and private sector and has over a decade’s expertise covering the Eurozone economy. Before joining the Global Macro team, Ben worked on the Eurozone team at Oxford Economics. In addition to his working covering broad Eurozone issues he was also responsible for research on the ECB and Germany.
Adam Slater
Lead Economist
Adam Slater
Lead Economist
Adam Slater | Lead Economist
Adam Slater is a senior economist at Oxford Economics, responsible for contributing to and helping to communicate Oxford Economics’ global macroeconomic view, including writing for and helping edit regular publications. He has a particular interest in developments in financial markets, and a specific forecast interest in the Japanese economy. He is also involved in Oxford Economics’ work on a variety of consultancy projects.
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