INSIGHTS: Happy Easter – Hot Cross Stagflation
Insights
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Posted 27/03/2024
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Cocoa prices have soared to over $10,000 per tonne due to low yields, demand, and a short squeeze. This surge, along with government regulations, may indicate stagflation, mirroring the 1970s. Rising commodity prices challenge central banks' ability to lower interest rates to combat recession.
Read the full news post here.