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Most of the inflation the markets are pricing in is now in the rearview mirror -Allianz’s Mohamed El-Erian

Inflation concept with rising red arrow and stacked coins under wooden blocks spelling INFLATION, symbolizing economic pressure, financial impact, cost increase, and monetary devaluation

Shutthiphong Chandaeng

Most of the inflation that has been worrying markets and consumers is now in the rearview mirror, according to Allianz Chief Economic Advisor Mohamed El-Erian.

His assessment came as the June Producer Price Index came in significantly lower than expected, with

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