Bank of England holds interest rates steady at 5.25%
Eight of the nine MPC members voted to pause, while one favoured a 25bps cut
Eight of the nine MPC members voted to pause, while one favoured a 25bps cut
Inflation remains stickier than expected across the US, the UK and Europe
Markets are still expecting the Bank to strike a more dovish tone in 2024
UK CPI is ‘trapped between the push and pull of prices at the pump and those on supermarket shelves’, warn experts
Several industry commentators call for the Bank of England to tread carefully amid a lack of confidence
Key events for UK wealth managers for the week starting 31 July
Several fund managers debate the merits of investing in the ‘Big Five’ lenders amid a busy month for the sector
The BoE’s Financial Stability Report warns that market-based finance sector remains ‘vulnerable’
High levels of inflation are ‘not insurmountable’ amid ‘resilient’ UK economy
As the central bank acknowledges inflation has likely peaked
Market watchers split on what declining inflation will mean for future rate rises
Market watchers expect pace of rate rises to slow following 75bps increase