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Inflation is here to stay despite rising interest rates, Asian business leaders warn

Por: CNBC Business September 27, 2022

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A woman shops inside a Garcia's Supermarket store in Quezon City, Philippines on Sept. 5, 2022.Iya Forbes Bloomberg Getty ImagesInflation in consumer goods will persist as a new normal as the global economy undergoes structural changes, Asian business leaders warn.While rising interest rates might eventually temper asset prices, deglobalization and decarbonization could continue to drive up costs for everyday goods, said V. Shankar, chief... + full article



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