The UK Inflation Rate Halved — But What Now?
The Bank of England’s target of 2% remains a long way away.
“Wait, we have to halve the UK inflation rate again?”
Photographer: Chris Ratcliffe/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Don’t miss this week’s Merryn Talks Money podcast. Barry Norris of Argonaut Capital shares his less-than-enthusiastic views on wind power and makes the moral case for investment in fossil fuels. Definitely one to listen to for those who think the risks and costs of “energy transition” have been badly understated.