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Cyclist rounding a hairpin curve on his way up a mountainside
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If bonds have kept the faith through the strongest inflation since the global financial crisis, we don’t see that changing in 2022, when inflation should decelerate as base effects come into play.
Ajay Rajadhyaksha, Head of Macro Research, Barclays
Chart showing euro-area GDP growth from 2019 to 2022 (forecast)
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