Behind The Markets Podcast: Trevor Greetham
Behind the Markets Podcast
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Is There a Spike in Inflation?
Timothy Stanley: We've seen the first spike. There could be more spikes. But in the meantime, inflation is going to come down because of base effects. And I also think we're going into recessions, possibly quite nasty recessions, which will bring inflation down lower. So this kind of view on inflation, isn't it, that will always be high? It's that when we come out of the recession, we're probably going to end up easing too much and too lateThe way monetary policy tends to work has been called "spikeflation"
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