El Niño's rapid intensification could disrupt food prices and central bank policies, prompting urgent reassessment by economists and traders. Macro strategists, commodity traders and central-bank risk committees may need to reassess the inflation outlook if an El Niño event intensifies faster than currently anticipated. An early-onset, high-intensity warming of equatorial Pacific could transmit through crop markets, shipping networks, energy systems and ultimately into headline inflation and monetary-policy decisions, according Michael Ferrari, US-based.