Institution: The global economy is highly resilient, and the current stagflation risk is much lower than during the Russia-Ukraine conflict.
BlockBeats News, on March 11, Benoit Anne from MFS Investment Management stated in a report that, given the potential strength of the global economy, the threat of stagflation this time is far lower than after the Russia-Ukraine conflict in 2022.
The head of the company's market insights team noted that the market is concerned about a severe inflation shock following a sharp surge in oil prices, "but at present, we believe the risk of sustained inflation is not the same."
He said it is reassuring that the inflation market seems to share this view. He pointed out that the one-year US inflation breakeven rate appears to have broken upward, while longer-term rates such as the five-year and ten-year have not changed much.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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