Two ASX 200 banking and mining shares to own as inflation lurks

With inflation on the horizon, S&P/ASX 200 Index (ASX: XJO) mining and banking shares should be in your sights. Not to mention your share portfolio.

That’s because ASX 200 financial shares and ASX 200 resource shares tend to outperform technology and other growth shares during inflationary periods, when central banks may be forced to raise interest rates sooner and higher than many expect.

Now inflation may not be a concern today. And according to placating words from the world’s leading central bankers (we’re looking at you Jerome Powell, Philip Lowe and Christine Lagarde) they’re in no hurry to lift their official cash rates even if…