If inflation wasn’t already on the mind of traders and policymakers, it certainly is following the release of US Consumer Price Index data for April. In this new, subscriber-only series, we provide a graphical snapshot of pressing geopolitical and economic trends. As the following graphs illustrate, inflation has already reached decade highs. Where prices go from here will ultimately tell the story of the economic recovery (or lack thereof). Either way, it’s shaping up to be an interesting meeting next time the Fed convenes in June.