It’s particularly confusing times on the economic front at the moment. Are we in a boom, a bust, or something in between? Should we be worried?
There are no certainties when it comes to what the year will bring. The last two years have shown us the pandemic can throw massive curve-balls, and while we’re hoping Omicron is the last of them, there’s no guarantees. And that’s on top of all the usual uncertainty that comes with trying to predict the economy!
However, one thing that has become clear over recent months is that inflation is a problem.
For a long time, central banks