Peter Elston, chief investment officer at Seneca Investment Managers, takes a closer look at the challenges facing central banks.
It is generally agreed that a little inflation (in the order of 2% per annum) is a good thing. Anything higher than this impedes private sector investment decisions. Anything lower is, according to the...
Effective as of 1 November
In this week's inflation print, the UK hit a highpoint. According to the Office for National Statistics, the UK's CPI rate hit 3% - a level not seen in more than 5 years. And it's not just the UK - globally inflation has been creeping up.
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