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The planned 25 bp rate raise is nothing compared to the official inflation numbers and it will be done instead of the previously expected 50 bp raise. And keep
by fuoqi 5y ago
The planned 25 bp rate raise is nothing compared to the official inflation numbers and it will be done instead of the previously expected 50 bp raise. And keep in mind that real inflation is probably higher and that it will accelerate even further with the new energy and commodity prices.
So it looks like we will see recession AND double digits inflation numbers.
- lifeplusplus 5y agoStagflation