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image  1 Bloomberg Businessweek - ● The retreat of inflation from its peak isn’t likely to mark a return to t
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August 23, 2022

● The retreat of inflation from its peak isn’t likely to mark a return to the price stability of the recent past because of stark shifts in the world economy, according to a broad group of investors and strategists.● During the period of expanding globalization, cheap commodities and low labor costs helped keep inflation at bay. Now, that’s starting to reverse.● That has money managers who oversee trillions of dollars bracing for inflation to hold well above the roughly 2% level targeted by major central banks.● Tap the link in our bio for more. (📸: Win McNamee/Getty Images)
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