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US 2021 inflation rises to 13-year high

Economic growth in the US has been accompanied by a rise in inflation. Numbers have risen faster than expected, but EFG believes that inflation peaked in May. In the latest Economic Outlook from the OECD, many of the 2021 GDP forecasts were sharply revised upwards. The world economy is now expected to grow by 5.8% this year, up from 4.2%…

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