Merryn Talks Money

Why Inflation May Not Be Heading Back to 2%

Inflation isn’t heading back to 2%, according to Pippa Malmgren, author and former adviser to President George W. Bush. She says it’s more likely to stay around 4 to 5%. Why? Malmgren contends that it’s because the main problem facing economies today is tied to supply and demand, and that means traditional inflation-fighting tools won’t really work. Malmgren joins this week’s episode of Merryn Talks Money to talk inflation targets, geopolitics and Britain's future in space.  Sign up to John Stepek's daily newsletter Money Distilled. <a data-destination="rte:bind" href="https://www.bloomberg.com/account/newsletters/uk-wealth">https://www.bloomberg.com/account/newsletters/uk-wealth</a> And sign up to be in the audience of our live podcast taping at Bloomberg Invest: Strategies For Wealth Creation: <a href="bloom.bg/3kTCmbH">bloom.bg/3kTCmbH</a> See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.