Surprise jump in Inflation puts focus back on rates

Posted on January 22, 2014 by Pete Faulkner - Inflation, Interest Rates

The markets have been surprised this morning by a sharp uptick in the rate of inflation. Headline CPI rose 0.8% in the final quarter of 2013 for an annual increase of 2.7% (up from 2.2% the previous quarter). The more closely followed “core” inflation of trimmed mean and weighted median …read more