Inflation is a major concern around the world - for economic policymakers, for companies and for all of us who are seeing prices rise faster than our incomes.We’ve covered the issue on several previous episodes of Radio Davos - see links below. On this episode we hear from two experts who appeared on a video show hosted by Abhinav Chugh who works in the World Economic Forum’s Strategic Intelligence platform, which joins the dots between the multitude of causes and effects that impact our world.The audio you are about to hear is from the video series called Our World in Transformation that Strategic Intelligence puts out to the World Economic Forum’s digital members every two weeks, and, as you’ll hear, some of the questions he puts to the guests are from those members. You can sign up at the website www.weforum.org/join-us/home
On this episode, Abhinav speaks to Sandra Phlippen, Chief Economist at ABN AMRO bank, and Erik Peterson, partner and managing director at the consultancy Kearney. He starts with a look at the 2 percent inflation target that many central banks try to achieve -- with inflation in the US and Europe around 8 or 9% at present, he asks Sandra Phlippen if she thinks inflation can be wrestled down to that 2% level by next year.
Previous episodes on related topics: What is inflation, and should we worry? An economist explains (with UBS Chief Economist Paul Donovan) https://www.weforum.org/agenda/2022/02/what-is-inflation-radio-davos
Ukraine, inflation and pandemics: the big issues in a changed world, according to historian Adam Tooze https://www.weforum.org/agenda/2022/04/top-global-issues-davos-2022-economist-adam-tooze
What's next for the global economy? Experts talk inflation, stagnation and (de-)globalisation at Davos 2022 https://www.weforum.org/agenda/2022/06/davos-2022-global-economic-outlook
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Episode transcript: https://www.weforum.org/agenda/2022/09/inflation-central-banks-abnamro-kearny-radio-davos