Why the Iran War Doesn’t Mean a Covid-Scale Inflation Shock
The global economy is softer and the supply constraints aren’t as widespread
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I’m Chris Anstey, an economics editor in Boston, and today we’re looking at whether higher oil prices will deliver a sustained spike to inflation. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Events keep bringing this newsletter back to a key question: To what extent will companies pass along the higher costs from the latest dramatic supply shock?