BoE votes 7-2 to lift rates to 4% with further hikes likely
As the central bank acknowledges inflation has likely peaked
As the central bank acknowledges inflation has likely peaked
Key events for UK wealth managers for the week starting 30 January
‘Inflation still isn’t fully handled, and it’s easy for markets to get carried away’ warns one analyst
With industry commentators split on what this means for future Fed hikes
The upcoming FOMC meeting is widely expected to result in a 3.75%-4% rise in the Fed funds rate
The key events for UK wealth managers for the week starting 18 February
December saw the largest increase in US inflation in 11 months, according to the latest consumer price inflation (CPI) data from the Bureau of Labor Statistics.
The old adage ‘don’t fight the Fed’ exists for a reason.
China’s currency depreciation trend playing out in 2016 looks set to continue, according to Jade Fu, investment manager at Heartwood Investment Management.
All manner of clichés are dedicated to boosting the confidence of the contrarian, which is understandable given how difficult the role is – especially when you have to report quarterly on fund flows and performance.
The Fed has signalled a rate rise, and dollar strength has played its part, but it will take unforeseen events to halt the US equity rally.
The active management of asset prices by central bankers is likely to remain a dominant feature of 2015, said Miton multi-asset head David Jane.