COVID-19 INFLATION UPDATE - FREE WHITE PAPER
The COVID-19 pandemic is going to influence future inflation and in a very complex way. In 2020 inflation will fall to near zero, but after 2021, it will rise above the 2% target. It may well spike much higher later in the decade and could precipitate a deflationary crash. The effects of COVID-19 could be felt for years. Governments are currently shouldering the major cost of COVID-19, but it may be ordinary people who bear the burden long-term.