Business Cycle
The recurring pattern of economic expansion, peak, contraction (recession) and trough through which economies move over time.
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CPI (Consumer Price Index)
The Consumer Price Index is how a country actually measures inflation. Learn what the 'basket of goods' is, how the Office for National Statistics builds the number, the difference between CPI, CPIH, RPI and core inflation, why the 2% target exists, and why a CPI release can move markets in seconds.
Bonds
A bond is a tradable loan — and the second great asset class alongside shares. Learn the anatomy of a bond, the all-important inverse relationship between bond prices and interest rates, gilts vs corporates, credit and duration risk, and why bonds act as ballast in a portfolio.
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