UK interest rate sceptics are just wrong – GLG
Doubters of UK economic robustness are wrong, says GLG’s Henry Dixon, and the Bank of England are at risk of falling too far behind the curve.
Doubters of UK economic robustness are wrong, says GLG’s Henry Dixon, and the Bank of England are at risk of falling too far behind the curve.
Mark Carney has, according to the Sunday Times, told fund managers to prepare for a mass sell-off in stocks and bonds that could be triggered by a Bank of England rate hike.
Conjecture over the timing of the first UK rate rise is becoming almost as routine as the industry’s misplaced adaptation to the ‘abnormal’ 0.5% rate presently in place.
A Bank of England interest rate rise could come sooner than expected, says Royal London Asset Management chief economist Ian Kernohan, but pace remains of most importance.
I’ll be honest, with the excitement around the Ashes and the return of Premier League football this weekend, I thought ‘Super Thursday’ was something to do with Sky Sports scheduling.
Sterling fell the most in two weeks on Thursday following the news that only one member of the Bank of England’s Monetary Policy Committee had voted to raise rates this month.
The government selling 5.4% of its RBS stake provides an opportunity say industry experts, but it will be years before investors should buy in.
The hawks on the Bank of England’s monetary policy committee are expected to vote for a rate rise at the next meeting on Thursday, against the majority.
With interest rate hikes from both the Federal Reserve and Bank of England impending, Portfolio Adviser examines five funds that could soften the ride for investors.
With MPC minutes having today revealed growing concerns about UK inflation it suggests that, alongside rising interest rates, investment strategists are going to have plenty to ponder by the time the summer fades.
The Bank of England monetary policy committee is getting more concerned about the possibility of inflation coming through into the British economy, minutes from the July meeting revealed today.
Raising the UK interest rate in the foreseeable future would be a contradiction and makes no sense, according to Rathbones’ David Coombs.