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DIY investor: Losing interest

"Inflation will breach the Bank's 2 per cent target rate but when it does the Bank is unlikely to do anything about it"

By Andy Davis   December 2016

Possibly the least contentious financial prediction one can make for 2017 is that inflation in the UK will go up. The consensus among economists is that it will reach at least 3 per cent sometime next year and some think 4 per cent more likely. This, of course, is thanks to the drop in sterling’s value against most other currencies since the European Union referendum, which has…

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