Please see below an article from Invesco which was received late Friday (22/10) afternoon and covers their views on inflation in the US:
As you can see from the above, inflation remains a hot topic. Although market consensus states that inflation is transitory, Invesco’s view is that this ‘transitory inflation’ could last for up to 3 years or more. This is something we will continue to keep an eye on and also see how this translates to UK inflationary pressures. Many of the supply chain issues are global.
Please continue to check our Blog content for advice and planning issues and the latest investment, markets and economic updates from leading investment houses.
Please keep safe and healthy.
Carl Mitchell – Dip PFS
Independent Financial Adviser
25/10/2021