The ECB is right to regard the recent inflation numbers as encouraging, but not to make markets believe such low rates should prevail in the near future. Price stability, while in sight, isn’t yet ...
Just as Britain and the United States come under pressure from investors worried about growing debt and sticky inflation, the ...
PHK offers an 11.68% yield, outperforming fixed-income indices but lagging behind similar closed-end funds. Check out my ...
UK gilt yields hit multi-decade highs, with 10-year yields at 4.90% and 30-year at 5.40%. The pound slumped to a 14-month low ...
The British pound plunged against the euro and the US dollar as the market placed bets that the Bank of England will embrace ...
Excessive concern about possible future inflation shocks can be harmful to the economy, European Central Bank Executive Board ...