SocGen's Warning on Double Digit Inflation: A Growing Concern Albert Edwards, a renowned economist at Societe Generale (SocGen), has sounded the alarm on double digit inflation returning to the global stage.
This warning is based on SocGen's latest research and forecasts, which conclude that a return to double digit inflation rates is not only possible but probable.
Understanding SocGen's Warning The fragile state of global economic recovery, hindered by supply chain disruptions, rising energy prices, and unprecedented monetary policy measures post pandemic, provides the context for Edwards' prediction.