Inflation

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.