ECB rate rise sidestep fails to dampen UK market expectations
Even as the energy price shock to the global economy raises spectre of a slowdown or recession
Even as the energy price shock to the global economy raises spectre of a slowdown or recession
Central bank implements back-to-back hikes for first time since 2004
Key events for UK wealth managers for the week starting 31 January
Funds investing in companies with pricing power touted as a good option for investors
Fed’s decision to speed up tapering created a ‘conundrum’ for Britain’s central bank
‘This will not sit well with the policymakers at Threadneedle’
The central bank surprised many when it kept rates on hold at its November meeting
Next labour market stats will be ‘crucial’ in convincing MPC members to hike immediately or wait until January
Markets had been pricing in a 58% chance of a rate hike
2.5% inflation jump is ‘yet another warning to the Bank of England that policy is now too loose’
Central bank insists inflationary pressures are ‘transitory’ but investors should prep portfolios should that conviction fade
GDP contracted in the first quarter as it was hit with fresh lockdowns