CITY VIEWS: ARE YOU WORRIED ABOUT RISING INFLATION?
ANDREW DAMM | ROYAL BANK OF SCOTLAND
“Its a bit of a tricky situation at the moment, but in the long term the market will sort itself out. I think it will be a slow recovery and we need to be cautious.”
JOHN WHITE | QUASH
“Personally I’m not that worried about inflation, but it could have a knock-on effect, and people do seem nervous now. There was optimism six or eight weeks ago but that’s gone.”
STEPHEN CHERRY | ZENITH BANK UK
“I’m not worried, the underlying rate of inflation is low, and the drivers of inflation are a one-off and the problem will rectify itself. To raise interest rates would send us straight back into recession.”