Hugh Gimber: Red hot inflation is not distracting the central banks from going green

'Real action' needed

clock • 4 min read

Central bank actions have created no shortage of headlines in 2022. Faced with inflation running at multi-decade highs, policymakers are caught between the proverbial rock and a hard place. 

Should they tighten policy aggressively and risk triggering a deep recession, or do too little and watch inflation expectations de-anchor as a result? The market's angst about the prospect of tighter policy ahead has been clear for all to see. Against this backdrop, it is fair to say policymakers have their hands pretty full. Yet this is precisely why a headline of a different nature caught my attention recently. Despite being faced with one of the most complex macroeconomic outlooks in nearly fifty years, the European Central Bank has recently declared its intention to turn the fight ag...

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 ESG

Principal Asset Management launches Article 9 food and biodiversity fund
ESG

Principal Asset Management launches Article 9 food and biodiversity fund

Companies targeting UN SDGs

clock 10 July 2024 • 1 min read
Labour government lifts 'de facto' ban on new onshore wind farms
ESG

Labour government lifts 'de facto' ban on new onshore wind farms

First climate commitment to be upheld

Michael Holder
clock 08 July 2024 • 4 min read
Aspectus Group's Brad Starr: The industry's green infatuation is changing
ESG

Aspectus Group's Brad Starr: The industry's green infatuation is changing

Re-evaluating its stance

Brad Starr
clock 28 June 2024 • 3 min read
Trustpilot