The Bigger Worry: Growth or Inflation?
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Oil Prices Rise - Will That Affect Oil Prices?
We are expecting to see commodity prices rise alongside some of that acceleration both in the US and beyond. So won't that be an unwelcome reversal in the recent trend and potentially be inflationary? I think there are certainly some good reasons to expect higher commodity prices, which our commodity team has laid out at a broad level. The past two tends to be relatively limited.
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