European investors split over inflation threat response

Europe's investors are split on how to respond to the prospect of higher inflation caused by a surge in spending as pent-up demand is released when lockdowns are lifted, according to the latest issue of The Cerulli Edge—European Monthly Product Trends. Inflation in the EU is forecast to be 1.9% in 2021 and 1.5% next year, edging toward the European Central Bank's 2% target, an upper limit also set by many other national authorities, including the Bank of England. However, opinion is divided between cautious inflation watchers and those who believe that any rise will be short lived, Ce...