CITY VIEWS: ARE YOU WORRIED ABOUT RISING INFLATION?
TAREK SOLOMAN | RBS
“I don’t worry about inflation for myself, as it won’t really affect my purchasing power. I do worry about the basics, though. And I worry that inflation will push up interest rates.”
CEDRIC RUFFIER | MONTREAL ASSOCIATES
“Inflation does not affect me personally. For people in need, though, the basic necessities will increase. They have already started to rise. The poorest people here will be affected first.”
ALEXANDER FINK | MAREX
“Well, it depends. The coming VAT increase will also affect consumer purchasing power. And the Bank of England reckons inflation will rise quickly, so it may raise interest rates.”