Jim O’Neill: Can a post-Covid boom endure or will inflation come roaring back?

Recent indicators have pointed to a strong rebound but if governments and central banks start to worry that generous fiscal conditions are unwarranted, they could start to tighten the screws

6th April, 2021
Jim O’Neill: Can a post-Covid boom endure or will inflation come roaring back?
Purchasing managers indexes in many countries have registered record increases, including even in some places that have experienced a resurgence of Covid-19 infections. Picture: Getty

For much of the past year, I have argued that a cyclical economic recovery from the Covid-19 disruption would be stronger than most people expected. In offering that outlook, my emphasis was on the cyclical rather than structural nature of the crisis: the lockdowns were always going to be only temporary; safe and effective vaccines have been brought to market with unprecedented speed; and governments have duly responded to the shock with massive levels of...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Aidan Regan: A tale of one city and a two-tier economy operating beneath it

Economics Aidan Regan 6 days ago

Ian Guider: Budget does too little to meet the enormous challenges we face

Economics Ian Guider 6 days ago

Dan O’Brien: Politicians on populist spending sprees are a worry for the financial grown-ups

Economics Dan O'Brien 1 week ago

Future of many thousands of jobs uncertain, warns Central Bank