Interest rate cuts only likely in the third quarter of this year
The drier El Niño weather pattern is emerging as one of the biggest risks to the outlook for food inflation.
The contract went through 10 iterations between July 2019 and March 2020, with the term ‘infectious and contagious diseases’ variously in or out.
Read moreThe drier El Niño weather pattern is emerging as one of the biggest risks to the outlook for food inflation.