Tiptv Business

Wage squeeze has worsened in the UK with the cost of living as represented by the consumer price index (CPI) having risen to a 4-year high of 2.9% in May. The central bank, in its quarterly inflation report, released early last month had said the inflation would top out in late 2017 around 2.8%. Ben Kumar from 7IM says we need to focus on whether the BOE still views this spike in inflation as temporary. Listen to the full segment for more info on- Fed policy: Will the central bank talk down future rate hike odds? Are tech stocks in a bubble? Are the sky-high valuations justified? #BOE, #BankofEngland, #centralbank, #inflation, #indicator, #macro, #fundamentals, #investment, #trading, #UK, #stocks, #equities, #valuations