Shrinking market imbalances will help cut US inflation

Past inflationary bouts offer markers for current trajectories and policies; 1946-48 is closest to the current situation

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In this article

  • Past episodes
  • Post-war: July 1946-October 1948
  • Korean War: December 1950-December 1951
  • Vietnam War surge: March 1969-January 1971
  • OPEC oil embargoes and price hikes: April 1973-October 1982
  • Iraq-Kuwait invasion, oil price hikes: April 1989-May 1991
  • Global materials shortages: July 2008-August 2008
  • COVID-19 stimulus, supply disruptions: May 2021 onwards
  • Unwinding bottlenecks and shortages
  • Anchored expectations
  • Back to the future

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.