Podcast:Economist Podcasts Published On: Thu Jun 29 2023 Description: Over the past two years, inflation has been full of surprises. Central bankers are now facing up to the very real possibility that bringing sticky inflation down to their 2% targets could bring deep economic pain. Some analysts are starting to ask whether they might be tempted to tolerate higher inflation instead. On this week’s podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird ask what would happen if ballooning price rises aren’t brought back down to target. The Economist’s Josh Roberts tells them why higher inflation may be here to stay. And Ed Cole, from asset manager Man Group, and Andrew Balls, from PIMCO, explain what would happen in equities and bond markets if it does. Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.