Inflation Discussion

A Survey was taken

"Does the July softening in commodity prices presage a
cooling of inflation risks?"

A) Too early to know - 17%;
B) No, commodities alone do not drive inflation - 30%;
C) No, inflation expectations still on the rise - 17%;
D) Yes, overall commodity price peak has passed - 13%;
E) Yes, more from cumulative central bank tightenings than commodity
price softening..23%.




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