Advertisement
New Zealand markets close in 3 hours 57 minutes
  • NZX 50

    11,900.34
    -46.09 (-0.39%)
     
  • NZD/USD

    0.5966
    +0.0017 (+0.28%)
     
  • NZD/EUR

    0.5555
    +0.0015 (+0.27%)
     
  • ALL ORDS

    7,851.30
    -86.20 (-1.09%)
     
  • ASX 200

    7,591.50
    -91.50 (-1.19%)
     
  • OIL

    83.86
    +0.29 (+0.35%)
     
  • GOLD

    2,342.30
    -0.20 (-0.01%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    17,917.28
    -171.42 (-0.95%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • NIKKEI 225

    37,563.07
    -65.41 (-0.17%)
     
  • NZD/JPY

    92.8090
    +0.3130 (+0.34%)
     

Sticky Inflation? 3 Stocks to Own If Inflation Stays High

Sticky Inflation? 3 Stocks to Own If Inflation Stays High

Massive fiscal spending during the pandemic, supply chain issues, rising rents, and food prices have contributed to stubbornly high inflation. According to the consumer price index, a measure of consumer prices, year-over-year inflation has been above 5% since June 2021. According to St. Louis Federal Reserve President James Bullard, told CNBC in late August that inflation could "be more persistent than many on Wall Street expect."