PA ANALYSIS: The US is riding to the rescue
There has been no shortage of doom and gloom despite the outbreak of something resembling summer in the United Kingdom this week.
There has been no shortage of doom and gloom despite the outbreak of something resembling summer in the United Kingdom this week.
Inflation in the United Kingdom edged up to 0.5% year-on-year in June from 0.3% the month before, the Office for National Statistics reported today.
Markets seem largely to be of the view that inflation is a thing of the past, but not all the evidence fits
Consumer Price inflation slipped to 0.3% year on year in April from 0.5% in March, the Office for National Statistics said today.
A vote to leave the European Union would most likely result in a material slowing of growth and a notable rise in inflation, the Bank of England said on Thursday.
Architas outlines four mechanisms that can be used to provide some protection against inflation.
Sterling got a lift on Tuesday as UK consumer price inflation rose to its highest level since the end of 2014.
If the inflation rate is lower than officially recorded – as is argued by London School of Economics’ Professor Charlie Bean in a new paper – it would help to prolong the equity bull market, according to Legal & General Investment Management.
If the oil price recovers to above $50 there will be an “inflation problem”, according to head of fixed income at Kames David Roberts.
Rathbones has upped its weighting to inflation-linked debt and gold, alongside an overweight to the US.
Low, zero or even negative rates do not bring about the rebounds in growth and inflation that neo-Keynesian models predict, said PIMCO’s Scott Mather.
After years of economic stagnation, the gradual recovery in the eurozone is beginning to show signs of sustainability.