BBC website headline this morning is: Sri Lanka in economic emergency as food prices soar .. “The government says it will seize food stocks and set prices to contain inflation”.
Read MoreMarket News
A quick look at some headlines gives us a broad backdrop to the stresses and strains in the real economy. Looking back to Central Banks comments in the last 6months, I bet they are still hoping that inflationary pressures ARE transitory, because the pressures are taking hold.
Read MoreBilan rassurant pour la zone euro, la BCE apporte son soutien à l'économie européenne. "Le delta inquiète, il faut rester vigilant face à l'épidémie" Kevin Tullett, CEO RedFX
Read More