A hawkish statement from the Federal Reserve has been perceived by markets as another step towards an interest rate rise, although it is unlikely to come before April 2015.
UK inflation is likely to remain below target for longer, but some members of the Monetary Policy Committee (MPC) see possible risk factors that could cause it to overshoot its 2% target in the coming year.
UK CPI inflation fell further than expected in November to its lowest level since 2002, according to the Office for National Statistics (ONS).
Minutes released by the Bank of England's Monetary Policy Committee this morning revealed a more hawkish stance than investors expected, helping to lift the flagging UK currency.
UK CPI inflation rose to at an annual rate of 1.3% in October, according to ONS figures released today.
The managers of Ruffer's investment trust increased total return by 0.5% in an "extraordinarily" volatile October as the effect of protective assets finally kicked in.
Bank of England policymakers expect inflation to fall below 1% over the next six months, according to the latest quarterly Inflation Report.
Hermes Investment Management is launching its first product for the recently launched multi-asset team headed by Tommaso Mancuso.
Where has all the inflation gone?
The Bank of England's chief economist has suggested interest rates could remain low for a protracted period without causing inflation to spike.
UK CPI inflation has fallen to its lowest level in five years, undershooting estimates as the impact of falling petrol prices dragged the headline level down near to 1%.
UK unemployment fell to its lowest level in six years in the three months to July, according to the latest figures from the Office for National Statistics (ONS).
Standard Life Investments (SLI) has added a short duration global bond fund to its fixed income range.
UK CPI inflation fell from 1.6% to 1.5% in August, a level seen on only two other occasions over the past five years.
Kames Capital’s David Roberts has warned delaying an interest rate hike any longer could cause the kind of inflationary shock last seen in the UK more than thirty years ago.
The most pressing issue for the remainder of the third quarter will be the Federal Reserve's objective of reinforcing its optimal control framework in the face of higher inflationary pressures.
The bears are “sharpening their knives” for Japan despite encouraging signs in the longer term, the managers of the Ruffer investment trust have warned.
UK consumer price inflation assumed its downwards trajectory once more in July following a sharp spike the previous month.
UK consumer price inflation has moved sharply higher in June, a surprise jump which may strengthen the case for an earlier-than-expected base rate rise.
Talk about an impending interest rate hike is building in the UK, despite recent mixed messages from Bank of England Governor Mark Carney. However, one of the UK's leading investors, Neil Woodford, is not expecting an imminent rise, and these three charts...
UK Consumer Prices Index (CPI) inflation fell in the year to May, after the previous month saw its first climb in 10 months.
The absence of any relationship between the monetary base and inflation means no one has any real idea of where the economy is heading. So how can the authorities control inflation and sustain above trend growth? John Clarke, chief investment officer...
Although inflation has been the dog that has not barked, it would be extraordinary if higher levels did not appear. Protecting against inflation is both cheap and wise, explains Glyn Owen, investment director at Momentum Global Asset Management.