The heads of major central banks discussed changing the inflation outlook at the ECB's annual forum in Portugal. Fed chair Kevin Warsh said price risks have come down in recent weeks, and that his goal remains to bring inflation back to the US central bank's 2% target. Sree Kochugovindan, Senior Research Economist at Aberdeen Investments, spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the inflation gauge. (Source: Bloomberg)
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