CFS Advisory Board Member Charles Goodhart offers thoughts on “After Coronavirus: Deflation or Inflation?” Charles is a member of the Financial Markets Group at the London School of Economics and a former member of Bank of England’s Monetary Policy Committee.
Topics include:
– Understanding the past.
– Assessing “low for longer” and “inflation is a monetary phenomenon?”
– Offering potential future pathways for prices.
For full remarks:
http://centerforfinancialstability.org/research/Goodhart_Deflation_Inflation_081420.pdf