The US is looking like an outlier in the global inflation picture. Why that matters. ...Middle East

There is a raging debate about US inflation right now and whether it will be sticky. But more importantly, there's a debate about the inflation regime that we're in right now. We spent 20 years before covid in an era of disinflation and many believe we're in a new era of higher inflation.US investors tend to be overly-focused on the US and US economic history, with a blind spot towards what's happening in the rest of the world. Often, the global signal is the one that cuts through the noise. Remember, it wasn't just the US in a disinflationary period before covid, it was the whole world.So what's happening in the rest of the world with inflation right now:UK CPI 3.4% y/y vs 3.5% expected and

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The US is looking like an outlier in the global inflation picture. Why that matters. ...Middle East

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