Sorry, but It’s Not Doom and Gloom. The Economic Winter Is Coming.

Data paint a far from rosy economic horizon

Eugenio De Lucchi
Avenir
Published in
6 min readOct 13, 2022

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Photo by Aditya Vyas on Unsplash

At the end of last year, central bankers considered inflation transitory. This June, people thought the worst for the market was already over. And in August, when July’s inflation stood at 8.5 percent, inflation was under control for some.

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