Weekly outlook: Bank of England interest rates decision and Apple reports
Key events for UK wealth managers for the week starting 31 July
Key events for UK wealth managers for the week starting 31 July
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ECB raises rates by 25 basis points
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US base rate up to a target range of 5.25% to 5.5%
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Fulcrum Asset Management quizzed 205 UK and US participants
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Highest number of warnings for a Q2 period since the Covid crisis in 2020
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CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
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Key events for UK wealth managers for the week starting 17 July
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The economy contracted by 0.1% in May
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Industry commentators still expect a final 25 bps increase at the next FOMC meeting
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Bank of England ‘to remain in hiking mode’ following UK unemployment data
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Sterling-based gilts are becoming increasingly popular despite inflationary headwinds
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Key events for UK wealth managers for the week starting 10 July
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