The Bank of England highlighted that goods inflation is always zero or negative (a structural fact), so the real focus should be on service inflation, which remains uncomfortably high and is the main inflation risk; this is an insight that U.S. commentators have overlooked.

factualpending

Speaker

Unidentified Speaker — A Massively, Massively, Massively Overvalued Market-Julian … [qDi-wyLt9zE]

Evidence Quote

Bank of England...Goods inflation is always zero or negative...service inflation...still miles above from where where it should be

Source

A Massively, Massively, Massively Overvalued Market-Julian BrigdenReSolve Asset Management
Created: 8/12/2026, 6:17:43 PM

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