Reuters

Analysis-CEOs and central bankers talk past each other on inflation

The bosses of top multinationals are fretting about rising inflation but the very people responsible for keeping price growth in check – central bankers – seem unfazed. Even as policymakers at the U.S. Federal Reserve, European Central Bank and elsewhere diverge on how quickly to wind down massive pandemic stimulus programmes, they agree on one thing: the recent surge in inflation is not a major concern. Yet the latest set of corporate earnings calls are replete with mentions of the word “inflation”, with the tally up 1,000% on the year for S&P 500 U.S.-listed companies and 400% in Europe for Stoxx 600 companies, according to Bank of America research.

LEAVE A REPLY

Please enter your comment!
Please enter your name here