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A whole lot of things are going wrong, all at the same time — leaving major central bank policy makers in a more precarious spot against a dicier, stagflation-like backdrop. It’s not just Russia’s attack on Ukraine, which sent the prices of commodities like oil BRN00, +4.67% , wheat WK22, +5.31% , corn, and soybeans soaring on Thursday.
...read full article on Market Watch