Global EconomyIMPORTANT
ECB's Pereira says yields rise is more related to fiscal issues, adds good news is that inflation is not spreading and if inflation starts broadening, central banks will be forced to act
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Pereira linked rising yields more to fiscal issues, said inflation was not spreading, warned central banks would have to act if it broadened, and noted upside growth surprises.
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Says: Growth is surprising on the upside and wouldn't be surprised if it continued in the next few months.
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