Institution: Global Economy Resilient, Current Risk of Stagflation Much Lower Than Russia-Ukraine Conflict

BlockBeats News, March 11th, Benoit Anne of MFS Investment Management said in a report that given the potential strength of the global economy, the current stagflation threat is much lower than after the 2022 Russia-Ukraine conflict.

The head of this company's market insights team said that market concerns about a severe inflationary impact following a sharp rise in oil prices, "but at the moment we do not see the same level of risk of sustained inflation."

He said it was reassuring that the inflation market also seems to agree with this view. He pointed out that the one-year inflation breakeven rate in the United States appears to have broken upwards, while longer-term rates such as five-year and ten-year have not changed much. (FXStreet)