Inflation: Are We at Risk?
Now with indications that the economy has skirted deflation, why are economists keeping an eye on inflation even as prices are falling? Because inflation often rides the coattails of an economic recession. But how likely — and how soon — could it crop up? In this article, Northern Trust’s Chief Economist Paul Kasriel and Drake University Finance Professor Thomas Root discuss the likelihood of inflation following this recession, and its potential timing and effects.