by David Folkerts-Landau, Chief Economist, Global Head of Research, Deutsche Bank Research
DB Research is home to a broad church of views but we coalesce around a House View for our key macro forecasts. This will certainly continue. However, in these extraordinary times, the range of outcomes is wide. So, in the interest of intellectual diversity I have encouraged our research group to leave their comfort zone and carefully consider alternative viewpoints.
With this in mind, we intend to publish occasional papers under the new “What’s in the tails?” banner. We hope this will stimulate debate with our clients by providing what we consider reasonable alternatives to the central forecasts and scenarios.
To kick this series off, I have joined my colleagues Jim Reid and Peter Hooper in examining the potential for higher inflation and a return of boom/bust cycles over the next few years.
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