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The general consensus is still that the current 8% inflation is mostly due to temporary factors. In particular the war in Ukraine and the uptick of the economy

The general consensus is still that the current 8% inflation is mostly due to temporary factors. In particular the war in Ukraine and the uptick of the economy after Corona: they have pushed the energy prices up a lot, which in turn drive other prices up etc. So central banks don't feel the urgency to raise interest levels above 8% and consequently the market interest rate doesn't get too high either.

jbay808 5y ago
> the current 8% inflation is mostly due to temporary factors. In particular the war in Ukraine 8% was from data as of February. By the way, shelter inflation is steadily climbing at 0.3% per month. That's going to be a fearsome trend to reverse.