NEW EL NIÑO WEATHER PATTERN PATTERN SPARKING SEVERE FOOD INFLATION RISKS

Just as central banks began celebrating lower energy prices, agricultural markets are flashing red due to a powerful El Niño system. Weather experts project that the pattern will severely disrupt global harvests, driving up prices for essential commodities like grains, livestock, poultry, and palm oil. Economists warn that this agricultural supply shock could complicate the broader global push to bring inflation back down to target levels.