Signs of “reflation” in the US, but not elsewhere - Capital Economics
Global Economics

Signs of “reflation” in the US, but not elsewhere

Global Economics Update
Written by Capital Economics Economist

The jump in US average earnings growth, reported earlier today, is the latest indication that inflation there is on the rise. But aside from stronger oil prices, there is little sign of a broader pick-up in inflation. Indeed, there is still a bigger threat from low inflation or outright deflation in many countries.

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