The Bank of England, by ignoring the US Federal Reserve’s move, risks falling again behind the curve on the inflation battle, warns the CEO of deVere Group, one of the world’s largest independent financial advisory organisations, as policymakers hold interest rates steady while inflation runs well above target. The comments from Nigel Green come as the […]
The Bank of England left interest rates unchanged on Thursday despite inflation rising well above its 2% target, but warned that a hike was becoming increasingly likely.