June 26, 2026
Charles Dickens opened A Tale of Two Cities with the immortal words, “It was the best of times, it was the worst of times,” before contrasting “the age of wisdom” with “the age of foolishness.” Earlier this month, those lines came to mind as the European Central Bank and the Federal Reserve, confronted with remarkably similar inflation challenges, chose strikingly different paths.
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![Anneka Treon on investing in Europe: "If you miss 25 years of compounding your wealth through investments, that really starts to hurt." Photo: Jeremy Fdida/Amundi.](https://images.investmentofficer.com/cdn/ff/hbFjyQn-TM76OkelqghUyqNUlWi35aTFXM-D1d-6Q_4/1781779917/public/styles/thumbnail/public/2026-06/Treon_0.png?itok=Wpbsxw6Y "Anneka Treon on investing in Europe: "If you miss 25 years of compounding your wealth through investments, that really starts to hurt." Photo: Jeremy Fdida/Amundi.")
