Are markets ready for a cyclical inflation shock?

Expect rising prices to accelerate in 2021

Richard Coghlan and Chris Faulkner-MacDonagh

June 1, 2021 05:00 JST

20210529 now hiring sign San Rafael.jpg

A now hiring sign at a store in San Rafael, California, pictured on April 2: companies are struggling to fill positions. © Getty Images

Richard Coghlan and Chris Faulkner-MacDonagh are portfolio managers in the global multi-asset division at T. Rowe Price in Tokyo and Baltimore.

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