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A backdrop of sour sentiment can turn small shocks into bigger economic problems
Updates on world markets and companies news
Traders were expecting spring rate cuts, but now rising inflation concerns are unsettling markets
The surge in energy prices is not the only thing putting upwards pressure on US inflation
The country’s price-taker status heightens stagflation risk
Economist Adam Smith’s warning in Wealth of Nations still feels prescient today
Concern over the government’s tax and spend strategy remain