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The 10% That Changes Everything

Fuel prices above $4 a gallon at a Chevron gas station in Seattle, Washington, U.S., on March 7, 2022. Rising gasoline prices is a clear sign of the energy inflation that's hurting consumers.

Fuel prices above $4 a gallon at a Chevron gas station in Seattle, Washington, U.S., on March 7, 2022. Rising gasoline prices is a clear sign of the energy inflation that's hurting consumers.

Photographer: David Ryder/Bloomberg

Hi, it’s Ed Harrison and I write about markets and policy for Bloomberg’s Markets Live. This is The Everything Risk, where each week I’ll unpack the web of risks for consumers and investors in a shifting markets landscape.

We’re one shocking event away from the unthinkable: double-digit inflation.