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The economy is in for rollercoaster inflation that could hurt corporate profits, BlackRock strategists said.
They pointed to conflicting inflation pressures in the US, with prices falling though wages are rising.
Markets are in a new regime of volatility that could bring on a “full employment recession,” they added.
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The economy could be in for chaos, as the US risks rollercoaster inflation and an unusual “full employment recession,” BlackRock warned.Though inflation has eased significantly from its 41-year-high last summe …
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