BGFS Associates

Inflationary pressures are continuing to command attention from the central banks and analysts alike.

Against this backdrop, the differing stances of the central banks have been assessed, with the European Central Bank (ECB) president, Jean-Claude Trichet, attracting praise for maintaining a steady hand on interest rates within the euro-zone to keep inflation under control. There is even talk of a rate rise in July to bring inflation down towards the Bank’s target of 2%.

While inflation in the euro-zone is sitting at a 16-year high of 3.6%, (continue reading…)