“Central banks are winning the battle against inflation,” says The Economist, “but the war is just getting started.” US inflation has fallen swiftly from 9.1% two years ago to 3% last month. But a return to the low-inflation world that preceded Covid is unlikely.
Donald Trump’s promise of 10% across-the-board tariffs if he re-takes the White House will send a new inflationary shock through the world economy, while green investment and climate change are keeping commodity prices high.
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US economy and unemployment
US rate cuts
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Thousands more pay inheritance tax with figures expected to double before decade’s endNumber of deaths triggering inheritance tax rose 13% in a year with more increases predicted as Rachel Reeves’ pension reforms apply from April 2027
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Should you invest in Microsoft?Microsoft is set to become the second company in the world to reach a $4 trillion valuation. Is now a good time to invest in Microsoft?
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America’s looming debt crisis could blow up the entire financial systemOpinion Everyone’s trying hard to pretend that America's debt trap doesn’t really matter. It does, says Bill Bonner
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Trump’s tariffs: what is he thinking and how should the UK respond?Every right-thinking person knows that free trade is a surer route to the wealth of nations than protectionism. So, what is Trump thinking?
