US EditionToo early to celebrate: Inflation lurks beneath the calm
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Too early to celebrate: Inflation lurks beneath the calm
The latest data sent markets into a brief celebration, but Dr Komal Sri-Kumar is here to offer a sobering counterpoint: the inflation fight is far from over, and trade euphoria may be premature. This past week, the US and China reached a temporary truce in Geneva, rolling back tariffs from 125% to 10% on each other’s goods. On paper, the détente looks like progress. Markets responded enthusiastically, interpreting the move as the first signs of …
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