Governments Can't Blame Inflation on Energy and Putin Anymore

Governments Can't Blame Inflation on Energy and Putin Anymore

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At the end of February 2023, the price of oil (WTI and Brent), Henry Hub and ICE natural gas, aluminum, copper, steel, corn, wheat, and the Baltic Dry Index are below the February 2022 levels. The Supply Chain Index and the global supply-demand balance, published by Morgan Stanley, have declined…

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