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The path to lower interest rates is likely to be anything but straightforward.
Inflation is proving to be somewhat sticky and remains considerably higher than central bank targets across major global economies. This means that policymakers are naturally hesitant to shift to a looser stance in case they fail to fully eradicate fast-paced price rises.
To complicate matters further, the existence of time lags means central banks cannot realistically wait for inflation to fall to 2pc be...
>>> Read more: A dirt-cheap share price compensates for economic uncertainty
The path to lower interest rates is likely to be anything but straightforward.
Inflation is proving to be somewhat sticky and remains considerably higher than central bank targets across major global economies. This means that policymakers are naturally hesitant to shift to a looser stance in case they fail to fully eradicate fast-paced price rises.
To complicate matters further, the existence of time lags means central banks cannot realistically wait for inflation to fall to 2pc be...
>>> Read more: A dirt-cheap share price compensates for economic uncertainty
