In this short video, Andrew Patterson, Vanguard senior international economist, explains what Vanguard’s global economics team will be watching for in inflation data in the year ahead.

Despite recent signals that inflation is subsiding, Patterson says it’s unlikely to fall back to central banks’ target levels in 2023.

 

Understanding the drivers of inflation

 

For further details about our economists’ forecasts, download our latest report: Vanguard Economic and Market Outlook for 2023: Beating Back Inflation.

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