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The Week Ahead – Inflation (US, China, India, Norway, Sweden) and Central Banks (BOC, BOK, MAS)

Nomura – The Week Ahead

CHAPTER

The Risks of Censors to Growth Forecasts

Oil prices are up by about 6% on where they were a week ago. The ECB at the moment seems to care more about core inflation, which oil doesn't directly affect in terms of the fuel component. And we still expect core inflation to be strong in the coming months. We expect to hover at the current levels for the next couple of months before falling.

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