PineBridge's Michael Kelly: there is a third way for inflation

It's not black and white

clock • 4 min read

Investors debating the path of inflation tend to fall into two camps: those who believe it will be truly temporary, and those who expect a permanent structural shift toward higher, unhealthy inflation in the future.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Friday Briefing: We finally have projections

Friday Briefing: We finally have projections

Friday Briefing

Cristian Angeloni
clock 05 May 2026 • 3 min read
Unchanged interest rate the 'calm before the storm' as uncertainty and volatility rise

Unchanged interest rate the 'calm before the storm' as uncertainty and volatility rise

Rates held at 3.75%

Patrick Brusnahan
clock 30 April 2026 • 2 min read
ECB opts to hold rates at 2%

ECB opts to hold rates at 2%

Eurozone inflation spikes

Linus Uhlig
clock 30 April 2026 • 2 min read
Trustpilot