IIF Authors

Benjamin Hilgenstock

Economist

Associate Economist

Former Deputy Chief Economist

Status: Will be live at 11/27/2019 02:40

Macro Notes: Is Lower EM Inflation Here to Stay?

November 27, 2019

Inflation is trending down in many emerging markets.
This is partially due to higher central bank credibility.
EM inflation has also become increasingly synchronized.
Persistently lower inflation could allow for more easing.
Risk of reversals and country-specific shocks remains high.