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Omicron Risks New Inflation Headache for World’s Central Bankers

  • New lockdowns would threaten to aggravate supply shortages
  • Central banks face complex challenge on policy decisions
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WATCH: Crossmark’s Victoria Fernandez says an increase in inflation stemming from the omicron variant is probably only a short-term risk.Source: Bloomberg
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The advent of the omicron variant of the coronavirus risks posing new challenges for central bankers by threatening economic growth while adding to inflation pressures.