Economic News

By Tim Ahmann and Ros Krasny JACKSON HOLE, Wyoming (Reuters) - Rapid global economic integration has helped keep prices in check in recent years but that disinflationary cycle may be over, Bank of England chief economist Charles Bean said on Saturday. Globalisation has provided a favourable tail wind to central banks' attempts to hold inflation down, he said, while issuing a "change in weather" alert. "Winds can be changeable and ... the process may go into reverse at some point. I think to a ...

By Tim Ahmann and Ros Krasny JACKSON HOLE, Wyoming (Reuters) - Rapid global economic integration has helped keep prices in check in recent years but that disinflationary cycle may be over, Bank of England chief economist Charles Bean said on Saturday. globalisation has provided a favourable tail wind to central banks' attempts to hold inflation down, he said, while issuing a "change in weather" alert. "Winds can be changeable and ... the process may go into reverse at some point. I think to a ...

By Tim Ahmann and Ros Krasny JACKSON HOLE, Wyoming (Reuters) - Rapid global economic integration has helped keep prices in check in recent years but that disinflationary cycle may be over, Bank of England chief economist Charles Bean said on Saturday. Globalization has provided a favorable tail wind to central banks' attempts to hold inflation down, he said, while issuing a "change in weather" alert. "Winds can be changeable and ... the process may go into reverse at some point. I think to an ...