Unsurprisingly, the jury is out as to whether inflation is transitory or more permanent. The medium-term picture is nuanced so determining whether 2021 marks a turning point is more complicated than simply pointing to an increase in fiscal stimulus. At this juncture it is too early to draw firm conclusions; however, there is a strong and growing probability that the conditions which would facilitate an evolution towards a more inflationary regime globally are in place.
Suzanne Hutchins, Newton Global Real Return team.
Doc ID: 657906
Please note the content on this website is for Investment Professionals only and should be shared responsibly. No other persons should rely on the information contained within this website.
Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Managers Limited (BNYMFM), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.
Thank you for submitting the MarketEye Subscription Form. If you wish to review your Preferences please click here.