Self explanatory chart/s: The sterling spikes on UK inflation blowing out to a 13 year high at 3.8%. COuld the world be facing a perfect economic storm of ballooning debt and stagflation (with employment still at record highs)? IS energy inflation about to hit Europe/world ala 2022?

Self explanatory chart/s: The sterling spikes on UK inflation blowing out to a 13 year high at 3.8%. COuld the world be facing a perfect economic storm of ballooning debt and stagflation (with employment still at record highs)? IS energy inflation about to hit Europe/world ala 2022?

News:

UK’s Inflation Surge Puts BoE Closer to Fed - Action Forex

GBP/USD soars to new yearly high as UK inflation surges - FXStreet

UK inflation jumps to 3.5% in April on higher energy, water, road tax and airfare prices - The Guardian

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