Inflation Perspectives; Cyclical maybe softening, but structural inflation rising

Economic Perspectives is an independent research firm that places inflation and credit markets at the heart of its analysis. In their most recent inflation perspectives report they say the recent violent correction in crude oil prices is still washing through global headline CPI data, but the seepage into core inflation will likely be mild and brief. While cyclical inflation pressures are softening, structural pressures emanating from capacity depletion, oligopoly pricing, skill shortages and government regulation are strengthening.