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Why Asia’s CEOs fear inflation as biggest hurdle to coronavirus recovery

The International Monetary Fund last week called on central banks to watch out for persistent inflationary pressures but said it was too early to talk about stagflation. From the perspective of business, though, worries about stagflation are already here.In a recent survey of Asia-based CEOs conducted by the Asia Business Council, nearly 40 per cent of respondents believed that inflation – driven by supply-side constraints and loose monetary policy – would be the biggest economic challenge over…

Read the original article at South China Morning Post

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