Interest rates hikes are a “blunt yet dangerous weapon” in the fight against scorching hot inflation, which is hitting low-income households the hardest, warns the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The warning from deVere Group’s Nigel Green comes as the average global inflation rate reaches 7.4%. In the U.S., UK and Germany, inflation has risen to the highest rate for 40 years. Consumer price growth has even begun surging across Asia, a region that until recently had largely been able to avoid the broad-based global t…