Economics

Dependent on employment and inflation

Rate hikes are off the table until 2017

Markets and sterling fall

Warning to mortgage holders

Richard Jeffrey, chief investment officer at Cazenove Capital, argues that UK and US policymakers should have tightened monetary policies sooner rather than later.

It is fair to say it has become rather fashionable to criticise alternative assets. However, alternatives have been going from strength to strength in one part of the investment universe - the humble and ancient investment trust.

Rate rise could boost style

Voted for a raise since August

Rate rise this year still possible

Rise will remove market doubts