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Commentary

Inflation tail risks worth hedging against

Pricing pressures might turn out to be more worrisome than policymakers anticipate

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Eli Lee

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It is said that nothing is certain in life except death and taxes.
For all of us, an invisible tax on our savings that is everywhere and always present is the rate of inflation in our economy. This is because as the prices of goods and services rise, the purchasing power of our savings falls.
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