Inflation risk from Red Sea disruption, warns economist

Dr El-Erian, president of Queens' College, Cambridge and chief economic adviser at financial services giant Allianz, told the BBC's Today programme: "Relative to what would have happened otherwise, we will see higher inflation, higher mortgage rates and lower growth. "In absolute terms, however,…#drelerian #queenscollege #cambridge #allianz #redsea #straitofbabalmandab #eritrea #djibouti #african #yemen
Source: Reuters: Health - Category: Consumer Health News Source Type: news