Allianz CIO Says Markets Are Underestimating Inflation Surge

🇺🇸 Bloomberg (US) —

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Allianz Chief Investment Officer and Chief Economist Ludovic Subran said markets and policymakers are underestimating the risk of a renewed inflation surge. His warning follows a faster-than-expected rise in US consumer prices, a sharp increase in short-term Treasury yields, and Federal Reserve officials' comments that rates may need to rise more aggressively.

Allianz Chief Investment Officer and Chief Economist Ludovic Subran says, "The second inflation shock is not sized properly, not only by markets, but by policymakers." He speaks on Bloomberg Television after US short-term bond yields surged by the most in 19 months on a faster-than-expected rise in consumer prices and warnings by Federal Reserve officials that interest rates may need to be hiked more aggressively. (Source: Bloomberg)

World Politics Markets inflation Allianz Ludovic Subran Federal Reserve Treasury yields interest rates consumer prices

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