UK consumer price inflation has moved sharply higher in June, a surprise jump which may strengthen the case for an earlier-than-expected base rate rise.
Talk about an impending interest rate hike is building in the UK, despite recent mixed messages from Bank of England Governor Mark Carney. However, one of the UK's leading investors, Neil Woodford, is not expecting an imminent rise, and these three charts...
UK Consumer Prices Index (CPI) inflation fell in the year to May, after the previous month saw its first climb in 10 months.
The absence of any relationship between the monetary base and inflation means no one has any real idea of where the economy is heading. So how can the authorities control inflation and sustain above trend growth? John Clarke, chief investment officer...
Although inflation has been the dog that has not barked, it would be extraordinary if higher levels did not appear. Protecting against inflation is both cheap and wise, explains Glyn Owen, investment director at Momentum Global Asset Management.
Investors have today called on the European Central Bank to loosen monetary policy after inflation in the eurozone tumbled last month.
The rate of UK CPI inflation rose in the year to April, the first increase in ten months, according to the Office for National Statistics.
UK CPI inflation fell for a sixth consecutive month in March to hit a fresh four-year low, according to latest figures from the Office for National Statistics.
The European Central Bank will consider quantitative easing among other measures to avoid a long period of low inflation, its president has confirmed.