thewealthnet

Stubborn inflation could lead to further rate hike

Katie Royals, 18/10/2023

UK inflation remained unchanged at 6.7 percent in September, as its “slow and steady” fall from the highs of the start of the year continue.

September’s inflation was impacted by rising energy and petrol prices, while food prices fell by 0.1 percent between August and September.

Marcus Brookes, chief investment officer at Quilter Investors, acknowledged the UK is “not winning any races with this trajectory as inflation still remains incredibly elevated a...


Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com