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Presentation to CQS

Presentation to CQS. Inflation. What’s happened to inflation recently?. Why’s inflation been so consistently above target?. The Ketchup in the Bottle Effect. UK Unemployment will rise. Monetary policy cannot help with growth, but it can make things worse (and is doing).

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Presentation to CQS

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  1. Presentation to CQS

  2. Inflation

  3. What’s happened to inflation recently?

  4. Why’s inflation been so consistently above target?

  5. The Ketchup in the Bottle Effect

  6. UK Unemployment will rise

  7. Monetary policy cannot help with growth, but it can make things worse (and is doing)

  8. When there is some recovery, inflation will race higher => a final sting-in-the-tail recession to get out the inflation

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