Friday, October 7 2022

Inflation may well take time to come down, but the likely root causes have all been addressed in whole or in part.

The US, along with the UK, Eurozone countries and many other countries around the world, is in a deep inflation hole. In the United States, headline inflation stands at over 8% year-on-year, while core inflation, excluding food and energy, is around 6%.

1. Pandemic change in consumption habits

2. Supply chain disruptions

3. Pandemic emergency fiscal stimulus

4. Central bank asset purchases

5. Interest rate policy

Inflation may be sticky, but is easing

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