"Macro forces are definitely back, but I’d argue it’s less about ‘revenge’ and more about structural shifts—leadership vacuums just amplify the chaos. Reading *Oil & Geopolitics Fuel Policy Divergence* recently highlighted how energy and fractured alliances are forcing central banks into reactive mode, regardless of who’s in power.
https://theboard.world/articles/inflation-monetary-policy-divergence-oil-geopolitics";
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