US inflation reaches highest peak in 40 years

Comes after UK inflation reached highest level in a decade in November

clock • 1 min read
Quilter Investors portfolio manager Hinesh Patel
Image:

Quilter Investors portfolio manager Hinesh Patel

US inflation climbed to 7% in December 2021, reaching the highest level since June 1982.

It came after UK inflation reached its highest level in a decade, 4.2%, in November 2021. The inflation rate in the US was driven primarily by shelter, used cars and food, with energy falling ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Future Growth Capital formally launches UK and global LTAFs

Future Growth Capital formally launches UK and global LTAFs

Side by side offerings gives investors options on where private markets exposures should be

Jonathan Stapleton
clock 29 April 2025 • 4 min read
Scottish Widows to launch open architecture LTAF

Scottish Widows to launch open architecture LTAF

LTAF will offer access to range of private market investments with focus on ‘dynamic’ investment opportunities

Martin Richmond
clock 29 April 2025 • 3 min read
SPP: Is there a place for productive assets in workplace pensions?

SPP: Is there a place for productive assets in workplace pensions?

David Will assesses the long-term potential of private assets within workplace pensions

David Will
clock 25 April 2025 • 2 min read
Trustpilot