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Either we are in a sort of temporary high inflation patch and we will get back to normal on inflation, in which case there is a positive growth outlook. Either ... we are on the brink of an inflation problem and we may look back in six months time and say central banks were behind the curve, that will mean there is potential for more aggressive policymaking and rate hikes coming faster than markets expect. So it’s understandable why there is sense of uncertainty in markets.