Premier Miton's David Jane: 'We should not fear high inflation but accept inflation is back'

Speaking at a panel on multi-asset investing at this year's Square Mile Conference, he said that a 'higher for longer' interest rates regime was "a good thing" and argued that "we should not fear high inflation but accept inflation is back". Jane said that slightly higher inflation "oils the wheels" of the economy and deals with fiscal deficits, "smoothing the way through going forward". Although admitting higher inflation will cause higher volatility, he argued it will also create a "higher nominal return environment" with better bond yields. IMF: Global economy has 'little margin...