March 22, 2022
Investors aren't impressed with central banks' performances, according to a survey by Bloomberg's Markets Live team. In fact, 73 percent claimed that all or most central banks haven't done enough to handle inflation, according to a report by Bloomberg.
Only 21 percent of respondents said only some banks weren't doing enough to curb inflation. The Federal Reserve in particular only recently raised interest rates, despite inflation rising above 2%.
In England the situation is worse, with inflation hovering around 8%.
As to how investors plan to hedge against inflation, 35% claimed they would look at value stocks such as gold, oil and other assets.
When it came to bitcoin, only 4% said it was the best inflation hedge. And of those that did pick bitcoin, they were split evenly between market professionals and individual investors.