Hello. Today we look at rising inflation pressures and how policy makers are grappling with them, Latin America’s poverty shock and the shift to the suburbs.
At the same time, unprecedented fiscal and monetary stimulus is beginning to kick in as developed economies reopen from virus lockdowns, pumping up the demand side too.
The key question for global central bankers and therefore financial markets is: Will the price increases be isolated and short lived, or will they swell into longer-lasting and broad-based gains that ignite inflation expectations?
Investors are on edge, but for now, policy makers such as Federal Reserve Chairman…