As central bankers from around the world converge at Wyoming for their annual Jackson Hole conference in August, the question that struck me is should it be their responsibility alone to fight consumer price inflation that is raging across many parts of the world. Of course, a lot depends on what kind of inflation it… Continue reading Should Monetary Policy Alone Fight Inflation?
Since the world’s major economies reopened after Covid-related lockdowns, they have been heating up, what with pent-up demand, consumers on a spending spree, travelling, dining out and catching up on a host of social activities that were not possible during lockdowns. All that heated spending and pent-up demand, with supply chains not catching up, led… Continue reading Inflation: Up, up and away!
Peripatetic Perch 