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The reflation trade has further to run

Investors have piled into assets that stand to gain from a global recovery. And while there may be little evidence of inflation as yet, it will come; the only question is how high it will go.

by: Alex Rankine
19 Feb 2021
Aerial view of Shanghai © iStockPhotos

China’s annual rate of core inflation has turned negative for the first time since 2009

Aerial view of Shanghai © iStockPhotos

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