The Financial Outlook for Personal Investors: Inflation and its effect on savings & bonds
The Financial Outlook for Personal Investors
Laith Khalaf of A J Bell looks at the recent UK inflation numbers and wonders if the Bank of England is right to consider the rise transitory or not. It doesn't bode well for NS&I's new Green Savings Bond, he points out, particularly if savers expect interest rates to keep rising. He discusses whether QE has had an effect on inflation and what is happening in the bond market.