Inflation Rocks, but Where and Why?

“Shock and horror” this week as UK CPI inflation breeched the Bank of England’s target rate of 2% pa, a target that the bank has hardly ever met over the past couple of decades, whilst across “the pond” the financial media talking heads are seeing the current 2.7% annualised rate for US CPI as a major reason for the FOMC’s “guidance” towards three rate increases this year....to continue please follow the LINK