What's driving inflation? Wages, profits, or energy prices?


May 25, 2023, 12:30 PM to 1:30 PM EDT
Virtual Event

Jonathan Haskel (Bank of England)

Event Summary

The Peterson Institute for International Economics (PIIE) will host Jonathan Haskel, an external member of the Bank of England's Monetary Policy Committee, for a presentation on the drivers of recent inflation.

Why has inflation been so high? Haskel will divide UK, US, and euro area consumer price inflation into the proximate contributions of wages, profits, energy, and other factors and assess the implications for UK monetary policy.

A Q&A moderated by PIIE president Adam S. Posen will follow.