Inflation is big trouble these days, and for countries that are contemplating economic growth, inflation appears to be the biggest challenge.
There has been news that soon, China may become the largest economy in the world but COVID-19 has been relentless in that country. Supply chain disruptions will increase, demand will be affected negatively, and prices will soar.
However, the Ukraine war is expected to spark a protracted cost of living crisis.
As per US yields, they didn’t change course despite the uncertainty that was reported on growth. Market confidence is still high.
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