Are greedy firms behind the inflation crisis?

Accusations of ‘greedflation’ are flying thick and fast, fuelling public anger over rising prices, putting executives on the defensive and pressuring politicians to do something. But are companies really taking advantage of inflation’s return to maximise profits? Simon MacAdam, a Senior Economist on our Global Economics team, has just completed in-depth analysis into the ‘greedflation’ question and talks to David Wilder about his findings – including why the current debate is fundamentally flawed but also just how much corporate pricing behaviour has inflamed the inflation situation.
 
Plus, what happens in Sintra doesn’t stay in Sintra. Group Chief Economist Neil Shearing explains why central bankers sounded so hawkish in their comments to the ECB forum at the Portuguese resort town. He also reviews the latest inflation data and addresses the Bank for International Settlement’s call for fiscal policy to join the fight to get price pressures under control.
 
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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 move to China's slowdown to the global housing bust, 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.