Inflation might well keep rising in 2021 - but what happens after that?
- Written by Brigitte Granville, Professor of international economics and economic policy, Queen Mary University of London
Prices, prices, prices. 06photoThe US Federal Reserve has just reassured the markets that it doesn’t expect inflation to get out of hand in the coming months. It comes as concerns about serious inflation damaging the global economy have reached fever pitch, particularly since recent Labor Department data showed that American inflation rose...