Global inflation trends - do rising energy prices block the path back to normal?
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Description
More central banks are sounding like they want to pause and take a break from fighting inflation, to assess how their efforts play out after some tentative, initial success. Our metrics from PriceStats have proven valuable in assessing this progress and Alberto Cavallo, co-founder of PriceStats and a professor at Harvard Business School, is back with us this week to talk it through. He has an update on whether the trend breaks towards disinflation that we saw across many economies earlier this year have extended over the summer, or if its time to start worrying about prices picking back up again more broadly as oil prices jump. See omnystudio.com/listener for privacy information.
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