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US inflation expected to remain high
17 June 2011
LGIM identifies five key dynamics which have kept inflation low in the past and which are now reversing
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Legal & General Investment Management
Legal & General Investment Management (LGIM) economist, Tim Drayson, has contended that inflation will become a larger problem than most investors and policy makers anticipate. Drayson explained that the US has enjoyed two decades of economic growth without problematic inflation leading to some complacency as market participants have become used to a low inflationary environment. “For the past two years, the US Federal Reserve (Fed) has been more worried about deflation than...
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