The CEPR VoxEU article, Changing Central Bank Pressures and Inflation, examines why inflation may become more difficult to control in the years ahead, even as many advanced economies have brought recent price increases closer to central bank targets. Co-authored by WWSG speaker Pierre Yared, the research argues that many of the forces that helped keep inflation low for decades—including globalization, market liberalization, fiscal discipline, and declining unionization—are weakening or reversing. As a result, central banks could face growing political and economic pressure when balancing inflation, employment, government spending, and economic growth.
Rather than suggesting that permanently high inflation is inevitable, the authors contend that maintaining stable prices will require stronger institutional independence for central banks and credible long-term fiscal policies. Their research highlights how shifting political and economic dynamics—not just monetary policy—will shape inflation and financial stability in the coming decade, making these issues increasingly relevant for business leaders, policymakers, and investors.
As one of today’s leading economists and experts on monetary policy, global markets, and political economy, Pierre Yared helps audiences understand the forces shaping inflation, economic growth, and public policy. His ability to translate complex economic research into practical insights makes him an exceptional keynote speaker for conferences, executive meetings, and leadership events. To learn more about hosting Pierre Yared at your next event, contact WWSG.
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