The Economist23
How will the Iran war affect inflation? The Economist’s Capital markets correspondent Josh Roberts and Co-host of The Intelligence podcast discuss how rising oil prices feed into broader inflation, the role of expectations and wage-price spirals, and the difficult choices facing central banks.
00:00 – How will the war in Iran affect the cost of living?
01:42 – What role do inflation expectations play in driving price increases?
03:03 – How do central banks respond to rising inflation, and what are the trade-offs?
04:02 – What lessons can we learn from past economic shocks like the 1970s and COVID?
05:33 – What challenges are central banks facing right now?
07:02 – Can talking about inflation actually make it worse?
