Despite Inflation BOE Needs To Justify Rate Rise With Growth

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Rupert Hargreaves
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Updated on

Of all the challenges currently facing the Bank of England, the one target policymakers are having no problem meeting with rising inflation, which is likely the envy of Yellen, Kuroda and Draghi. CPI inflation came in at 3.0% in September — above the 2.8% year-on-year the Bank had penciled in back in August — 100 basis points above the central bank’s 2% target. [timeless] Japan’s Economy Near Record Postwar Economic Expansion Rising Inflation has increased speculation that the Monetary Policy Committee will raise interest rates for the first time in nearly a decade when it meets next week. A 0.25% hike…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk