5 stories tagged by Digg
World & Business
Reuters says markets are pricing in four more interest rate hikes from the Federal Reserve and Bank of England, but Magnus Fund Management’s Rory McPherson says investors have “got carried away.”
World & Business
The Financial Times reports that the OECD says UK policy is tight enough to keep inflation in check, even as it warns of rising global price pressures.
World & Business
The reported proposal would transfer central bank gold from the Bank of England, giving Venezuela’s interim government legal control but restricting immediate sales.
World & Business
Share Talk reports that inflation had risen to 3.1% and the FTSE 100 closed 1.19% higher after the rate decision.
World & Business
The Financial Times reports that the decision comes as rising energy prices push inflation higher.