Should ASX 200 investors be worried about inflation? Janet Yellen isn’t…

S&P/ASX 200 Index (ASX: XJO) investors are increasingly worried about rising inflation. But you shouldn’t lose any sleep over it. At least, not yet.

Inflation, which was stubbornly absent over recent years, has been ticking up. Which shouldn’t come as any surprise.

Not with global central banks ramping their quantitative easing (QE) programs to record levels and holding real interest rates near or below zero. All while developed nations are pouring trillions of dollars into their economies to prime them for their post COVID recoveries.

The latest mammoth stimulus package is set to launch in the United States. This after the…