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Traders were expecting spring rate cuts, but now rising inflation concerns are unsettling markets
Updates on world markets and companies news
The surge in energy prices is not the only thing putting upwards pressure on US inflation
The country’s price-taker status heightens stagflation risk
Economist Adam Smith’s warning in Wealth of Nations still feels prescient today
Concern over the government’s tax and spend strategy remain
What a rising oil price means for portfolios this year