Pre-Lehman: Difference between revisions
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<span style="color:#4B0082">'''''Pre-Lehman inflation'''''</span> | :<span style="color:#4B0082">'''''Pre-Lehman inflation'''''</span> | ||
:"If inflation rises towards pre-Lehman averages of around 2.5% in the US and UK and around 2% in the eurozone, that would be a positive development. | :"If inflation rises towards pre-Lehman averages of around 2.5% in the US and UK and around 2% in the eurozone, that would be a positive development. | ||
Latest revision as of 20:39, 4 December 2023
Global financial crisis.
The term 'Lehman' is often used as an abbreviation for the conditions and market behaviour which preceded the global financial crisis of 2007/08, or for the financial crisis itself.
By extension, pre-Lehman refers to the period - and the related market conditions and behaviour - before the global financial crisis.
- Pre-Lehman inflation
- "If inflation rises towards pre-Lehman averages of around 2.5% in the US and UK and around 2% in the eurozone, that would be a positive development.
- A little inflation can help to grease the wheels of commerce.
- In such a scenario, central banks could slowly scale back their stimulus without jeopardising the economic upswing."
- The Treasurer online, April 2021 - Kallum Pickering, senior UK economist, Berenburg Bank.
