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Economics and investment report: The spectre of “lowflation”

Is inflation dead or just hibernating?

By Duncan Weldon   December 2019

The Bank of England—is inflation dead or just hibernating?

No investor can afford to ignore central bankers. Their policies and pronouncements have a major impact on economic and market outcomes.

Whenever they hold their meetings, discussion quickly turns to inflation. Most of them are mandated to use their monetary tools to hold inflation steady. From the late 1990s until a decade ago, this seemed to work well. Inflation was low and stable during the era of the so-called “great moderation.” Now, though, fears are resurfacing. Worries about inflation are nothing…

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