Nothing is more important right now for investors and consumers than rising prices
Thursday 23 Jun 2022 Author: Ian Conway
Having initially underestimated how ‘sticky’ it would be, and faced with the added impetus of soaring energy prices due to the invasion of Ukraine, central banks around the world are being forced to hike rates to stop inflation rising, even at the risk of choking off growth. The latest inflation figure from the US was worse than expected, proving again that interest rates are a blunt tool when it...