Global inflation is a tiger 'out of the cage'

William Rhodes, senior advisor to Citigroup, tells John Paul Rathbone, the FT's Latin America Editor, about his concerns on global inflation. Mr Rhodes gained a reputation as "Mr Fixit" for his experience helping to resolve international debt crises throughout his 50-year career at Citigroup. He says that eurozone countries should be given more time to work through their issues before more international action is taken, but time is running out.