Central Banks and the Return of Inflation
The past decade or more has been a period of very low consumer price inflation. And central banks have taken a great deal of the credit for this.
The past decade or more has been a period of very low consumer price inflation. And central banks have taken a great deal of the credit for this.
For some time now players in the world’s currency markets have been debating how long the US dollar can continue to maintain its value, and the recent sharp fall in the dollar has prompted investors to ask whether this is the start of a major correction which sees the currency move to a substantially lower level.