Could the inflation spike lead to stagflation - or is it the start of a growth spurt?
The cost of living jumped by the largest amount on record to hit 3.2 per cent in August – is it set to run out of control and prompt the Bank of England to raise interest rates? Meanwhile, a gloomy report has lead some economists to talk about stagflation once more. What is it, is it a threat and does it matter? This…
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