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The euro and benchmark German bond yields slid to three-week lows on Friday as a surprise fall in Spanish inflation bolstered investors’ bets the European Central Bank will ease policy next week.
The euro and benchmark German bond yields slid to three-week lows on Friday as a surprise fall in Spanish inflation bolstered investors’ bets the European Central Bank will ease policy next week.
(iStockphoto)

Inflation as opportunity: Nine stocks for a volatile environment

There’s nothing like an unexpected uptick in inflation to remind us that our environment of very low inflation could one day end – with the potential to upset a lot of investments.

On Tuesday, the U.S. Department of Labor reported that the consumer price index in May rose 0.4 per cent over the previous month and 2.1 per cent year-over-year, or the highest rate of inflation in nearly two years. Even after stripping out volatile food and energy items, CPI rose 2 per cent over last year, up from 1.8 per cent last month.