Are central banks winning the war against inflation?

The latest data show that inflation remains a clear and present danger to advanced economies. Does that mean central banks will have to raise rates much higher than previously thought? And why is Europe's economic outlook looking so much worse than it did a few months ago?

Show Notes

David Wilder talks to Group Chief Economist Neil Shearing about the latest on the central bank war on inflation. They discuss what signs of persistently high core numbers mean for expectations for how far and fast interest rates need to rise and the role that weaker activity and cooling housing markets will play in easing price pressures. Plus, our Europe team has slashed its forecasts for euro-zone growth next year. Chief Europe Economist Andrew Kenningham explains what's dragging on the economy and whether the ECB will change tack accordingly.  

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Capital Economics, a world leading provider of macroeconomic insight, presents The Weekly Briefing – the show with all you need to know about what's happening in the global economy and markets. From the Fed's next decision to China's slowdown to moves in equities, bonds and FX, each week, our team of economists take apart the big economic and market stories and highlight the issues that investors should be paying more attention to.