Economics / Markets

Inflation is forecast to drop to under 5% in the coming year

Time to acknowledge the 'foggy nature' of current conditions

UK domestic inflationary pressures had been 'firmer than expected'

Due to weakness in the economy and labour market shortages

Bank of England governor stressed concerns around money-market funds

The key is finding the right companies

Drop in fuel prices saw December fall in infaltion

Office for National Statistics figures show average pay up 6.4%

Governor Andrew Bailey has said that they were not connected

Boosted by consumer staples and banks