In recent years, asset managers have had little to worry about when it comes to inflation, which has been at low levels for more than two decades. According to figures from Eurostat compiled by Trading Economics, the EU’s inflation rate averaged just 1.88 percent between 2000 and 2021. The highest rate ever reached in the more than 20-year period was 4.5
Are we saying hello to inflation, or waving goodbye?
Economic recovery has seen inflationary concerns return for the first time in more than a decade, meaning managers must prepare for future risks. But opinion is divided, with some believing deflation is a bigger long-term concern. By John Bakie and Robin Blumenthal
