All borders to reopen.

[MickG0105]

Originally Posted by Paragraph377

Well the OECD doesn’t necessarily agree that there is a guarantee of an inflation slowdown or a plateau likely globally. Highest levels since 2008 is hardly ‘under control’.

https://www.google.com.au/amp/s/amp....ecd/index.html

The OECD may not agree that there is a "guarantee" of an inflation slowdown or a plateau but that is most assuredly their oft stated expectation. Did you not read the following in the very article that you have provided a link to?

The OECD expects the jump in inflation will fade by the end of the year as supply chains disrupted by the pandemic get back up to speed and production capacity returns to normal.

"The OECD expects the jump in inflation will fade by the end of the year ..."

A fairly clear statement and one that reflects the view outlined previously in the OECD Economic Outlook, Volume 2021 Issue 1

A new, much-debated risk is the possibility of higher inflation. Commodity prices have been rising fast. Bottlenecks in some sectors and disruptions to trade are creating price tensions. These disruptions should start to fade towards the end of the year, as production capacity normalises and consumption rebalances from goods towards services.

And the expected slowdown in inflationary pressures is baked into the OECD's inflation forecasts for 2022,



Does that look "out of control"?