Persistent inflation a feature of a new world order: BlackRock

Persistent inflation a feature of a new world order: BlackRock
(Image: Getty)
Greg Hurrell
Ongoing global supply constraints and structural changes mean inflation is here to stay, and investors need to adapt to what is essentially a new world order, BlackRock says.The global asset manager laid out its world view in Sydney on Aug 30 and said central banks would keep interest rates high to keep leaning against inflation. Unusually, this was more of a problem in the Western world at present.Those supply constraints were now a permanent feature because of a set of large-scale trends that were reshaping the world’s economy.'...

More Finance

TVNZ targets one million digital viewers logged in by 2030
Finance

TVNZ targets one million digital viewers logged in by 2030

The latest performance forecast unfolds the broadcaster’s online ambitions.

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025