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The Inflation Giant Has Awakened. Why Price Growth Will Persist

Por: MarketWatch Business July 23, 2023

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“Anyone who’s younger than 50 and hasn’t lived in an emerging market has had no real experience of inflation,” says Stephen D. King, a former chief economist at HSBC in London, and author of the book We Need to Talk About Inflation, published in May by Yale University Press. “One of the lessons of the 1970s is that if inflation starts to head down and you become relaxed, before you know it, it ratchets higher again. You could go from... + full article



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