Inflation

Federal Reserve chairman Ben Bernanke has defended a decision to introduce a second round of quantitative easing, arguing it will not lead to a spike in inflation.

Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses European ETF trades for the week ending 29 October

The majority of people in the UK do not know what the impact of the switch from linking defined benefit (DB) pension schemes from RPI to CPI, Aon Hewitt says.

The government will today switch the inflation benchmark for pensions and benefits from RPI to CPI, potentially shaving millions off investors' savings.

CPI inflation remained at 3.1% in September but the figure is still well above government targets.

A third of people approaching retirement feel inflation poses the greatest risk to their pension pot, whilst long-term care was their second biggest concern, a survey from Sun Life of Canada found.

The Bank of England has resisted growing calls to deliver more stimulus to the economy while maintaining interest rates at the historic low of 0.5%.

A member of the Bank of England's Monetary Policy Committee has made his case for more quantitative easing (QE) to keep the economy on track.

The CBI predicts the UK economy will grow at a slightly faster rate than expected in 2010, but growth will be more ‘sluggish' than previously thought in 2011 thanks to the emergency budget.

Inflation was unchanged at 3.1% in August, according to the Office for National Statistics (ONS).