Signs of Life?
As temperatures around the UK begin to hot up, there is added cause for optimism on the horizon. Energy prices, though still a pressing issue, are receding. Globally, there are positive signs of a bounce-back despite enduring inflationary undertones. Sticky core inflation presents a tricky balancing act between sustaining the recovery, controlling price pressures, and maintaining financial stability. Ahead lies a busy week for central banks, with the Fed and European Central Bank in action. The key question for now is: are we done with the tightening campaign?
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