New IMF study says prolonged input supply shortages could keep inflation elevated for longer. (iStock by Getty Images/tommy)
Inflation has not been much of a concern since the 70s when exogenous oil shocks were widely seen to have caused the phenomenon known as stagflation. But given the uncertain nature of the pandemic recovery, inflation is now on the rise and once again on everyone's mind. Analysis in the latest World Economic Outlook explores today's inflation landscape and finds we're in uncharted territory. Prachi Mishra is an Advisor in the IMF Research Department and coauthor of the study. In this podcast, she says while inflation expectations have stayed relatively anchored so far, there is still much to be concerned about. Transcript
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
Rhoda Metcalfe is an independent journalist and audio producer. Her reporting on the armed conflict in Colombia in the late 90s, as well as her work in Egypt, Turkey and South Africa has won several awards. She now produces podcasts and radio features from Washington DC and is a regular contributor to the IMF Podcast program.