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World Bank issues warnings on interest rates and inflation

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Financial markets are complacent about the risks of sharply higher interest rates that could be triggered by better than expected growth in the global economy this year, the World Bank has warned. The Washington-based organisation said that much of the rich west was running at full capacity as a result of a broad-based upswing in activity, but were now vulnerable to a period of rising inflation that would prompt action from central banks. Launching the Bank’s global economic prospects, the lead author Franziska Ohnsorge said: “There could be fa... Read More »

5 Big Apple Predictions for 2018

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1. Apple takes mid-range smartphone share Investors widely expect the iPhone X and its successor(s) to do brisk sales in 2018, and with good reason. What might not be as well-appreciated is how Apple is positioned to gain ground in a mid-range segment dominated by Android OEMs. In tandem with launching the iPhone X and 8/8-Plus, Apple decided to keep not only the iPhone 7 and 7-Plus around at $100 discounts to their original prices, but to also do the same for the iPhone 6S (now starts at $449) and 6S-Plus ($549), instead of discontinuing... Read More »

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