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3min chapter
Inflation Nations: What to know about inflation and interest rates
GZERO World with Ian Bremmer
The US Inflation Rate and Uncertainty
In the US, inflation did peak back in June and it's come down. In Europe, the situation was a bit different because of the closeness to the events that had been taking place in Ukraine. The mild winter has allowed Europe to reach a very good place with respect to natural gas storage right now. We actually think inflation in Europe will also be around 3.5% of the end of the year, like in the United States. But it's going to take some policy tightening in order to bring that about.
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