Bloomberg Businessweek

Inflation Risk Is in the Eye of the Beholder

• Some caution against central bank complacency, saying this year is different

True believers in the return of global inflation have started 2020 with renewed hope. Successive years of prices being depressed by powerful phenomena from demographic shifts to globalization and technological change haven’t yet killed the anticipation that inflation is a lurking threat. When it does return, such prophets warn, central banks will

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