In theory, inflation should ease next year as economies begin to normalise and less pressure is put on supply chains. However, inflationary expectation can become a self-fulfilling prophecy and this is what is putting central banks on high alert. Private Debt Investor caught up with Nick Brooks, head of economic and investment research at London-based fund manager Intermediate Capital Group, to hear this thoughts on the topic.
VIDEO: ‘Entrenched inflationary expectation is the risk’
Central banks are concerned that the fear of inflation - rather than the reality of it - may be creating an unecessarily challenging environment. We speak with ICG's economic expert Nick Brooks.