In view of underlying inflationary pressures, the Governing Council plans to raise rates by a further 50 basis points at its next meeting.
The market expected the central bank’s decision and reacted well to the news. Here are the conclusions drawn by fund managers’ experts.
In keeping with the festive spirit, we’ve made an audit of the investment ‘turkeys’ of the year, which certainly didn’t fly. On a more cheerful note, we’ve also considered the ‘crackers’, which have brought plenty of seasonal cheer to portfolios.
In general, smaller companies have higher inflation risk because they may have a harder time absorbing higher expenses than their larger peers.