The Wage Conundrum
Janet Henry, Global Chief Economist, HSBC
When unemployment rates are near historic lows in much of the western world, why is wage growth so sluggish and inflation so subdued?
Considering a number of factors including demographics, technological advancement, increased automation, the gig economy and labour productivity, Janet Henry will analyse how this ‘wage conundrum’ arose and outline which trends are set to continue. She will discuss potential implications for the global economy and outline a number of ways that central banks and governments might respond in order to curb widening income inequality, ensure long-term growth and meet their inflation objectives.
To enable as open a debate as possible, this event will be held under the Chatham House Rule.
This event is only open to Major Corporate Member and Partner organizations of Chatham House. If you would like to register your interest, please RSVP to Linda Bedford. We will contact you to confirm your attendance.