Summer Sessions - Introduction to Inflation
As the global economy re-emerges from the global Covid-19 pandemic and central banks around the world continue to hold interest rates near historic lows, inflation risk looms large in the minds of investors. In this session, Alberto Cavallo - the Edgerley Family Associate Professor at Harvard Business School, co-founder of PriceStats, and member of the Technical Advisory Committee of the U.S. Bureau of Labor Statistics (BLS) - discussed the fundamentals of how inflation is measured, what drives it, and how to think about the risk to investors in 2022.