Inflation fears rise sharply as confidence in Bank of England drops
Repost from 9-22-2021
“The findings come at a sensitive time with financial markets also expressing increasing doubt over the bank’s ability and willingness to control rising inflation and just ahead of next week’s meeting of the Monetary Policy Committee.”
USAGOLD note: A number of analysts have remarked the interest in gold is a function of the confidence investors have in the central bank. This is the first headline we have seen tying together inflation fears and declining confidence in a major central bank.