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Following our note yesterday about upside risks to wage growth and the question of how the Fed will respond, given their sensitivity to labor cost-push inflation risk in the past, we want to address a question raised by readers.
On a headline level, last week's European Parliament elections were an excellent occasion for the EU.
The turmoil in Washington has begun to hit markets. We don't know how this will end, but we do know that it isn't going away quickly.
Senior International Economist Andres Abadia on Latam currency risks.
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