Inflation will remain high in volatile markets, warns hedge fund chief

Financial Times/Laurence Fletcher/3-2-2023

chalboard showing inflation pattern as chart with symbols for various currencies“Inflation will remain high because of strong wage growth in much more volatile markets, the head of one of the world’s biggest hedge funds predicted on Tuesday.”

USAGOLD note: Another warning of persistent inflation, this time from Man Group’s Luke Ellis. “It will take a lot of years,” says Ellis, “before inflation is put to bed again. We’re in a different paradigm.”

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