UK ETFs Feel the Inflation Jump
July 23, 2008 at 18:00 PM EDT
Amidst the U.K. budget deficit ballooning to its widest since 1946 and a jump in inflation, UK exchange traded funds (ETFs) are feeling the repercussions. Bank of England policy makers are “struck” by the recent jump in inflation, which risks stoking price expectations. These policy makers are fighting the U.K.’s worst battle against inflation in [...]