Daniel Bernstein on inflation
From Bernstein: We must preserve Fed independence · · Quest Means Business
“Inflation is down by more than half, it peaked at over 9% about a year ago and it's fallen 11 months in a row. That certainly is a strong front in the right direction, but we have to do more to build on that success, to get prices down lower, to get inflation down lower.”
On , Daniel Bernstein, President, Chief Executive Officer & Director at BEL FUSE INC, spoke about inflation during Bernstein: We must preserve Fed independence on Quest Means Business.
About Daniel Bernstein
Daniel Bernstein, chairman of the board of Bel Fuse, presided over the company’s 2026 annual meeting of shareholders held by remote communication. During the meeting, he welcomed shareholders, introduced the directors and representatives from the company’s auditing and legal firms, and outlined the procedures for submitting questions. The meeting was reported to follow a $399 million stock offering intended to pay down debts and fund acquisitions. Preliminary voting results presented at the meeting indicated that a substantial majority of Class A common shares voted in favor of all management proposals: electing two directors for three-year terms, ratifying Deloitte & Touche as the company’s auditor for 2026, approving executive compensation on an advisory basis, adopting the 2026 equity compensation plan, and rejecting a shareholder proposal. Bernstein stated that final voting results would be filed with the company in the following days, and he adjourned the meeting.