THE new data have spoken. In the United States, throughout January, 467,000 jobs were created despite the wave of the Omicron variant. This is far above the 150,000 jobs that analysts predicted. The quick-moving economy would come together with high inflation. 

US inflation data for January would only be released on February 10. However, many analysts predict that US inflation as of January would be around 7.1 to 7.3 percent,