Pre-Lehman

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.

See also

• Central bank
• Global Financial Crisis
• Inflation
• Lehman