Economics: Inflation pressures on the rise

Economic data is showing a genuine build up of inflationary pressures, even in emerging economies su...

Economic data is showing a genuine build up of inflationary pressures, even in emerging economies such as China, says Justin Urquhart Stewart, director of Seven Asset Management Pointing out that China faces the prospect of overheating, Urquhart Stewart says the country is likely to exchange its benign behaviour of exporting disinflation to the developed world and contribute to the build-up of global inflation. “The pressure on central bankers to choose the right monetary policy is even more intense as bond markets demand that the real value of their investments is maintained and the chan...