Please ensure Javascript is enabled for purposes of website accessibility ISG Insight: Markets versus policymakers – who’s in charge? - Janus Henderson Investors

ISG Insight: Markets versus policymakers – who’s in charge?

Jim Cielinski, CFA

Jim Cielinski, CFA

Global Head of Fixed Income


23 Nov 2021

Economic data and market expectations have shifted dramatically in the past few months. Gross domestic product growth figures have disappointed while inflation has surged, causing some commentators to blow the dust off a long-neglected word ‘stagflation’. Markets brought forward tightening expectations, but central banks are sticking to the ‘transitory inflation’ line – for now. So who has the better handle on the economic outlook?

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