Economics / Markets

US inflation hit 2.7% in March, with rising food and petrol prices pushing the rate up from 2.3% in February.

A record monthly increase in eurozone inflation unexpectedly sent the annual rate to a 29-month high in March, strengthening expectations that the European Central Bank will tighten monetary policy further this year.

London's leading share index edged up this morning while other global markets were cautious on fears China will hike interest rates to stem soaring inflation.

The Chinese economy grew a faster-than-expected 9.7% in Q1 and its inflation rose to the highest level in almost three years despite government attempts to slow surging growth.

Rick Eling, head of investment solutions at Sanlam UK, offers tips on protecting your clients' portfolios against inflation

Goldman Sachs will be referred to the US Department of Justice for allegedly making "misleading and inaccurate" comments to Congress over its role in the financial crisis.

M&G's bond manager Jim Leaviss has clashed with Artemis' James Foster over whether the MPC should raise interest rates.

European stock markets sunk into negative territory on Tuesday as concerns over the global economic recovery and an unnerving update on Japan's radiation crisis hit investor sentiment.

Iceland has said the UK will get back the money it paid out to customers when the Nordic country's banking system collapsed.

Inflation fell by 0.4% to 4% in March as the cost of food and drink lowered, but it is still double the Bank of England's target.