Low inflation will have impact on central banks worldwide
ANBOUND
The continuous low inflation is currently an important economic phenomenon, and it is likely to be a long-term phenomenon. With globalization, global overproduction, and the profusion of internet and e-commerce, low inflation has become a new feature of the era and it will have an impact on economic theory and monetary policy that cannot be neglected. As the shown in the previous analysis of Anbound research team, central banks around the world will have to change the monetary policy based on inflation as the standard.