The Covid-19 pandemic is a rare event that has caused both demand and supply shocks to the global economy. Photo: Reuters The Covid-19 pandemic is a rare event that has caused both demand and supply shocks to the global economy. Photo: Reuters
The Covid-19 pandemic is a rare event that has caused both demand and supply shocks to the global economy. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

What follows a pandemic, unemployment and emergency stimulus? Inflation, most likely

  • It’s rare to see the world economy hit simultaneously by demand and supply shocks
  • However, central banks now printing vast sums of money in their responses to Covid-19 might be sowing the seeds of global inflation

The Covid-19 pandemic is a rare event that has caused both demand and supply shocks to the global economy. Photo: Reuters The Covid-19 pandemic is a rare event that has caused both demand and supply shocks to the global economy. Photo: Reuters
The Covid-19 pandemic is a rare event that has caused both demand and supply shocks to the global economy. Photo: Reuters
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.