Martin Weale fears expectations of higher inflation

Brett Alegre-Wood
January 31, 2011

Property Investment News - Higher Inflation

Brett's responses to BoE's Martin Weale's fears expectations of higher inflation will become ingrained by The Telegraph on 31 Jan 2011.

Bank of England policymaker Martin Weale, who joined Andrew Sentance to vote for a rise in higher interest rates this month, said on Monday he had been concerned about expectations of high inflation becoming ingrained.

He said a small rise in rates now would be preferable to dealing with the price of addressing high ingrained inflation.

'My concern is that, if businesses and pay-bargainers come to regard an higher inflation rate of 3pc-4pc as normal', Mr Weale wrote in the Guardian newspaper.

Sick of your Property agent not responding, or truly managing the changes in the market going on right now then give us a call 01522503717 or www.ezytrac.co.uk.

Read the rest of this article here.


Tags

Property Videos


You may also like

2021 Sees Demand Surge in Manchester Property Investment Surge for Buy-to-Let Properties

2021 Sees Demand Surge in Manchester Property Investment Surge for Buy-to-Let Properties

Kent Property Investment: Where Houses Have Been Selling Like Hot Cakes This Year

Kent Property Investment: Where Houses Have Been Selling Like Hot Cakes This Year

Beginner Investor Live Property Webinar Series

How To Buy Great Property Using Our 'Regeneration' Strategy!

Join our resident expert - Dan Varnaseri 

Dan_Varnaseri.Associate-Director-Client-Portfoios

Property Investment... Effortlessly Done For You!

>

Instant Access To Our Properties 

London Property Investment