Recent economic indicators confirm the outlook of strong, synchronised economic growth. Strong growt...
Recent economic indicators confirm the outlook of strong, synchronised economic growth. Strong growth would normally fuel inflation pressures and prompt central banks in the major economies to raise interest rates, to the detriment of financial markets. However, the markets have not behaved as one might expect. Inflation data from the US has been better than expected. There has been some evidence of rising prices, with increases in oil and other commodity prices feeding through to higher producer prices. However, even with the current low levels of unemployment in the US, wage pressures h...
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