Powell: time to retire transitory

Christine Lagarde (right), European Central Bank President, and Vice President Luis de Guindos (left) Thomas Lounes | Getty Images News | Getty Images Federal Reserve Chairman Jerome Powell surprised market players earlier this week when he adjusted his tone on inflation. Now, economists in Europe say the European Central Bank needs to do the same. … Read more

These are the stocks you want to own during inflation, says Bernstein

A customer selects merchandise at a supermarket in New York, US, August 11, 2021. Wang Ying | Xinhua News Agency | Getty Images Bernstein analysts have named a slew of global stocks that they say consistently outperform during periods of high inflation. .

European Central Bank holds policy steady despite soaring inflation

European Central Bank President Christine Lagarde. charity | Getty Images News | Getty Images The European Central Bank decided on Thursday to keep its interest rates and monetary policy stance unchanged despite persistent inflationary pressures. The central bank announced in September that it would buy fewer bonds due to higher consumer prices. The inflation rate … Read more

European Central Bank expected to hold steady as economy slows

Christine Lagarde, President of the European Central Bank, speaks at the bank’s press conference in Frankfurt, Germany. Boris Rossler | Image Alliance | Getty Images For some time, central bank watchers have expected the October ECB meeting to be relatively unexciting, but the current mix of slower growth and higher inflation could make it more … Read more