Author: Thomas Grindle

The latest inflation numbers show prices rising at their fastest rate for nearly four years. The May inflation data came as a surprise to many pundits. The expectation had been for inflation, as measured by the Consumer Prices Index (CPI), to remain at April’s level of...

Last month saw the first suggestions that interest rates could increase soon. In June, the US central bank, the Federal Reserve, increased short term interest rates for the second time this year and the fourth time since December 2015. The 0.25% increase to 1.00% − 1.25%...