City economist and investors are surprised by the jump in inflation last month, and fear it will hurt consumers. Here’s some early reaction: Jai Malhi, Global Market Strategist at J.P. Morgan Asset Management : Investors have been questioning whether a sudden rise in inflation is on the cards given the sheer amount of money governments and central banks are showering round the economy. Today’s inflation release shows that prices in the UK are certainly bouncing again.
Its a mystery
The news is just getting better and better.
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