Bank of England holds interest rates at 4.75%
Industry commentators turn their focus to the possible trajectory for interest rates in 2025
Macro News
-
-
Fed lowers expectations to two rate cuts in 2025
Federal Reserve lowered interest rates by 25 basis points at the latest FOMC meeting
-
Inflation rises to 2.6% as fuel prices mount
The Consumer Price Index rose yet again in November as fuel costs increased, making an interest rate cut unlikely
-
UK unemployment rates remains unchanged at 4.3%
Salaries excluding bonuses increased by 5.2% between August and October this year
-
UK economy contracts 0.1% in October
Falling below expectations of a modest 0.1% increase, according to the ONS
-
Weekly Outlook: UK inflation and interest rate decisions
Key events for wealth managers in the week of 16 December
-
ECB cuts interest rates to 3%
The 25 basis points cut is the fourth carried out by the central bank this year
-
US inflation rises to 2.7%
The 10bps increase has likely confirmed a 25bps interest rate cut at the next Fed meeting
-
The 18 UK stocks outpacing the S&P 500
NatWest and Rolls-Royce lead returns while JD Sports and B&M sink to the bottom
-
Weekly Outlook: British American Tobacco and Currys figures
Key events for wealth managers in the week beginning 9 December
-
AIC: Trust managers rate healthcare as top sector for 2025
UK remains polarising for success in 2025
-
UK cash savings surpass £2 trillion for first time
Savers added £51bn to cash this year, but it could be a less attractive option now interest rates are falling