All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Issuers forced to adjust as CPI rockets past consensus


When US Consumer Price Index data shot past consensus forecasts of 3.5% to hit 4.2% this week, even hardened inflation sceptics were forced to re-evaluate their positions. The data caused sharp ructions in rates markets and equity portfolios, write Sam Kerr and Lewis McLellan, as investors caught such a dose of the jitters that issuers will have to reconsider their primary capital market plans.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login