Editor's letter: Mixed signals in markets

72.4% likelihood of a rate rise in December

Lauren Mason
clock • 3 min read
Lauren Mason, Investment Week editor
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Lauren Mason, Investment Week editor

On the UK macroeconomic front, the rhetoric over the past few months has centred on inflation as energy prices have rocketed, supply chains have hit bottlenecks and developed market central banks have begun to tentatively take away the Covid-19 crisis punchbowl.

The latest figures from the Office for National Statistics show that, over 12 months to the end of August, the Consumer Price Index has risen by 3% compared to a 2.1% rise over the same time period to...

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