Fraser Institute News Release: Higher Inflation Rates May Not Be ‘Transitory’–Could Persist Absent Policy Change

“While COVID’s effect on the economy has certainly contributed to the rising cost of goods and services, if central banks and governments continue their aggressive policies, higher inflation could persist even after the pandemic subsides,” said Steven Globerman, professor emeritus at Western Washington University, resident scholar at the Fraser Institute and co-author of The Outlook for Inflation and Its Links to Monetary Policy. Read More