Steady rise in cost of services clouds inflation outlook

Compass

How changing markets require investors to think and act differently

"Inflation is proving more intractable than unemployment"

Today’s central banks are willing and able to tackle the problem

"An inflation process, particularly when it starts from nothing as inflation is deeply forgotten, is a discovery process."

Few have the scope to loosen policy if economic conditions worsen

"Just when you thought things were improving"

Further price fluctuations loom amid Fed hikes, inflation, and post-pandemic shifts.

As sovereign wealth funds shift their vast portfolios into new asset classes, such as real estate, infrastructure and private debt, perceptions of these investment behemoths are beginning to change.