Economy
January 15, 2021
CRU Special Feature: Inflation Fears are Premature
Written by Jumana Saleheen
By CRU Chief Economist Jumana Saleheen and CRU Principal Economist Alex Tuckett, from CRU’s Steelmaking Raw Materials Monitor
After years in which inflation has been low in major economies, financial markets are becoming increasingly concerned about high future inflation. In this Special Feature, we examine a number of factors which could be inflationary over the next few years. While these should not be dismissed as risks, we believe fears of high inflation are premature. Furthermore, the response by central banks, as well as the underlying source of the inflation, will be crucial in determining what the implications are for the global economy.
