Shoppers bid for cuts of meat during a Christmas Eve auction in Smithfield market in London, in 2018. With easy money paving the way for an economic recovery in the euro zone, its CPI inflation rate could surprise on the upside. Photo: Reuters
Opinion
Opinion
Macroscope
Inflation could make a comeback in 2020. It should be welcomed if it means higher growth
- The years of deflation or low inflation may end as a growth recovery gathers momentum and puts less pressure on prices. Central banks, which are largely sticking to loose monetary policy, should go with the flow
Shoppers bid for cuts of meat during a Christmas Eve auction in Smithfield market in London, in 2018. With easy money paving the way for an economic recovery in the euro zone, its CPI inflation rate could surprise on the upside. Photo: Reuters