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World outlook: The waiting game...

Podzept from Deutsche Bank Research

CHAPTER

The Medium-Term Outlook for Inflation

Headline inflation has come back a lot already. We have it falling below 2% in the second half of next year. But I think it's important that you don't misinterpret that and overreact to that. In terms of the medium term outlook, I think inflation is more likely to be above target than at target or below target.

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