Report
US: risk of double-digit inflation?
Throughout 2021, the analysis of inflation has revolved around whether the shock was transitory or permanent. The Fed rightly considered that the surge in prices came mostly from specific disruption linked to Covid and as such reversible. The prevailing view until November was that the shock was transitory and would correct by itself. But when transitory persists, does this not make the nature of the shock permanent? The war in Ukraine, which is magnifying the energy crisis and s...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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