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Surveillance: US Inflation Surge

Bloomberg Surveillance

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Central Banks Need to Show the Will to Win the Fight Against Inflation

The most important task we have to secure our economies is to win the fight against inflation. The makeup is one, disruptions from Omicron and they continue in China. We also are going to see some repositioning of supply chains that would have longer-term impact on cost structures. But right now what we face is demand remains quite strong and supply has trouble meeting it.

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