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  • Deutsche Bank warns of global 'time bomb' coming due to rising inflation

    06/08/2021 10:25:33 PM PDT · by 11th_VA · 20 replies
    CNBC ^ | UPDATED TUE, JUN 8 2021 | Jeff Cox
    Inflation may look like a problem that will go away, but is more likely to persist and lead to a crisis in the years ahead, according to a warning from Deutsche Bank economists. In a forecast that is well outside the consensus from policymakers and Wall Street, Deutsche issued a dire warning that focusing on stimulus while dismissing inflation fears will prove to be a mistake if not in the near term then in 2023 and beyond. The analysis especially points the finger at the Federal Reserve and its new framework in which it will tolerate higher inflation for the...