Commodity Prices and Inflation: It’s Not China, but BlackRock
On June 11, the U.S. Bureau of Labor Statistics published data showing the highest inflation rate since 2008. The Consumer Price Index rose at an annual rate of 5% in May, up from 4.2% in April, reflecting a continuous rise of commodity and food prices driven by financial speculation. Global food prices rose for the 12th month in a row […]
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