Inflation Concerns Around The World

January 19, 2007 by Trader Rich

There's a quick read in the Economist regarding the inflation concerns around the world. The Bank of England unexpectedly raised rates; who's next? Many speculated that the United States would start lowering rates this year but instead, we may see rate hikes.

"The most worrying possibility was raised by Mervyn King, the head of
the Bank of England, last year: that China, India, and other rapidly
growing Asian nations may have been behind the low inflation
experienced by much of the world in the past decade or so."

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