A recent Bloomberg article suggests that the global inflation factor is looking better, with signs of stabilization in key economies. According to the report, a combination of factors, including easing supply chain constraints and slowing wage growth, may be contributing to this trend. However, it's essential to maintain a cautious outlook, as underlying dynamics can shift quickly.

Source: https://www.bloomberg.com/news/newsletters/2024-10-16/the-global-inflation-factor-keeps-looking-better