Strategist dampens fears of inflation

Date: 11 Mar 2010

Christian Nolting, Asia-Pacific lead strategist for Deutsche Bank Private Wealth Management, says that rising commodity prices could push up headline inflation rates, but that core rates will remain at a low level.

Keywords (click to search): [Christian Nolting] [inflation] [Deutsche Bank Private Wealth Management]

Our base case scenario is an economic recovery that will be less dynamic than has been the case in past economic cycles.

While inflation fears came to the fore at the start of the year, higher rates are so far mainly because of technical base effects (the oil price in December doubled from a year ago).

In the US and in Euroland, neither private...

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