News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Fund manager heavyweights fret over ‘worrying’ inflation threat

Investors expect the Fed to monitor inflation closely amid a stock market sell-off

US Federal Reserve officials have tried to allay concerns, suggesting the year-on-year rise in inflation is temporary. However, fund managers are adopting a more cautious approach
US Federal Reserve officials have tried to allay concerns, suggesting the year-on-year rise in inflation is temporary. However, fund managers are adopting a more cautious approach Photo: Getty Images

The prospect of rising inflation has spooked investors, with European stocks following a sell-off on Wall Street sparked by a 13-year-high rise in US inflation.

The FTSE 100 fell by more than 2% when markets opened on 13 May, while the Stoxx Europe 600 fell by 1.28% during early morning trading.

WSJ Logo