Looking at the US, the unhappy story of inflation is still far from over - The Guardian

A fall in oil prices is small consolation – even ignoring fuel and food, US inflation is running at 6%

Chapter one in the inflation story was central banks failure to recognise the threat as they spent most of 2021 warbling about supply-chain shocks and transitory factors. Chapter two was the belated … [+4330 chars]

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