Insight - Inflation angst but markets fear ‘hawkish error’

At 6.1% for the second quarter, the US annual inflation measured by core personal consumption expenditures was at its highest since the 1980s and core consumer price inflation of 4.5% in June was at its highest since 1990.

INFLATION is rising everywhere –but bond investors now appear more worried about central banks overreacting than being asleep at the wheel.

Whether the current spike in inflation rates proves durable or not, the milestones are clocking up and businesses around the world are increasingly anxious.