
A canary in a coal mine: non-tradeables inflation
The sharp increase in non-tradeables inflation worries me because it is the canary in the coal mine for the inflationary mindset that is becoming engrained in business decision-making.
The sharp increase in non-tradeables inflation worries me because it is the canary in the coal mine for the inflationary mindset that is becoming engrained in business decision-making.