BOE Mann: Research points to higher inflation from climate shocks, policies and spillovers ...Middle East

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BOE Mann:Research points to increased inflation, increased inflation persistence, and increased inflation volatility associated with climate shocks, policies, and spilloversCarbon price shocks lead to more inflation persistence and then oil price shocksRedistribution of revenues from carbon taxes or emission certificate auctions have economic effects of direct interest to central banksGeneralize comments:The GBPUSD is trading near session highs and is retesting it's 100/200 hour moving averages near 1.2258/1.22599. Move above those levels should tilt the bias more to the upside technically. The GBPUSD up-and-down price range today is 47 pips which is much less than the 88 PIP average over th

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