Inflation tops pandemic as investor concern: Fed report
newscatcher
2021-11-08 21:30
Inflation tops pandemic as investor concern: Fed report
WASHINGTON (Reuters) – Concerns over higher inflation and tighter monetary policy have taken the mantle as the top concern for market participants, pushing aside the COVID-19 pandemic, the Federal Reserve said Monday in its latest report on financial stability.At the same time, the semiannual report also flagged the growing use of stablecoins and 'so-called meme stocks' as issues that merit attention and pose new types of potential risks to the financial system.Roughly 70% of market participants surveyed by the Fed flagged inflation and tighter Fed policy as their top concern over the next 12 to 18 months, ahead of vaccine-resistant COVID-19 variants and a potential Chinese regulatory crackdown.

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