Insights

Insights

  • Will central banks adopt higher inflation targets?

    12 July 2019

    In this, Fathom’s first Viewpoint note, we invite Tony Yates, now working with us as a part-time consultant, to set out his views on the prospects for an increase in inflation targets — currently set at or close to 2% in most major economies. Tony, who worked as a Senior Advisor at the Bank of England, before moving to academia, including a position as Professor of Economics at the University of Birmingham, finds that there are sound theoretical arguments for...