Blog
The here and now on inflation
30th June 2008
There will be many references to the stagflation of the 1970s as we head into dangerous times for inflation over the next year or so ... will inflation expectations take off and create havoc for the Bank of England as it seeks to bring inflatyion back into target range? Hw much of the renewed burst of inflation we are seeing at present is home-made and how much is coming from external forces over which we have little or no influence? Three articles on the inflation issue were published today all of which are worth browsing:
Ashley Seager in the Guardian asks where the balance of power is in the UK labour market
Inflated fears of a 1970s comeback
Stephen King from HSBC casts his expert eye on the MPC’s dillema in today’s Independent
What if the Bank has lost its magic?
Edmund Conway at the Telegraph considers whether we will all be talking about deflationary fears rather than inflationary risks in the near future?
Global economy faces deep slowdown and deflation threat, BIS warns
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.