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Are we heading for inflation or deflation?

Click here for our video on the outlook for inflation. John Calverley, Chief Economist argues that the short-term impact of the Covid crisis is lower inflation, but the policy response of expansionary fiscal and monetary policy, both likely to be maintained for some time, points to inflation risks longer term.

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Rate hike expectations are shifting swiftly across the major FX rates as US bank wobbles and fears spread. This is making FX rates jumpy, and further choppy trading looks likely in the near term. Our

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