Mehra: Worst of Inflation Behind Us

The video discusses the minimal impact of OPEC's oil production cut on prices and inflation, citing a global economic slowdown and reduced demand. It highlights China's reopening as a domestic story with limited global impact. Future oil prices are expected to remain stable, with no significant inflationary pressure. The global economic outlook shows temporary positive indicators, but a slowdown is anticipated due to central bank policies.

What are the implications of the banking crisis on inflation and oil prices?

Discuss the overall economic picture based on the recent PMI numbers and their implications.