Shoppers at a Walmart store in North Brunswick, New Jersey, US, in July 2020. Photo: Reuters Shoppers at a Walmart store in North Brunswick, New Jersey, US, in July 2020. Photo: Reuters
Shoppers at a Walmart store in North Brunswick, New Jersey, US, in July 2020. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Central bankers can no longer dismiss inflation concerns – price rises are everywhere

  • China seems alert to the threat but the US Federal Reserve and other major central banks in the West need to show more concern about rising prices
  • If consumers lose confidence in central banks’ ability to control inflation, they will seek higher wages and push prices even higher

Shoppers at a Walmart store in North Brunswick, New Jersey, US, in July 2020. Photo: Reuters Shoppers at a Walmart store in North Brunswick, New Jersey, US, in July 2020. Photo: Reuters
Shoppers at a Walmart store in North Brunswick, New Jersey, US, in July 2020. 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.