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”.
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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.
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Les principales bourses européennes sont attendues à la hausse ce matin, après la clôture positive de Wall Street vendredi.
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