Episode Details

The mood is changing on financial markets, after inflation returned with a vengeance, making investors’ life difficult and forcing central bankers to maintain a punitive approach to interest rates. The latest economic statistics are clearly bad, raising the specter of recession or, in the worst-case scenario, stagflation. The week ahead will offer more clues, with a raft of macroeconomic indicators scheduled and a flurry of speeches by central bankers.

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