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Inflation will probably melt away in 2022 – central banks will do far more harm trying to tackle it

By Brigitte Granville, Professor of International Economics and Economic Policy, Queen Mary University of London
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It remains to be seen whether the omicron variant will shift Sars-CoV-2 towards becoming manageably endemic. But as and when this happens, there will still be “long COVID” to contend with. The latest headlines about inflation – a 7% annual rise in the US and more tough talk from Federal Reserve Chairman Jerome Powell about bringing it down – confirm that something similar is happening with the global economy: it will…The Conversation


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