Bank of England hikes rates to 0.5% as cost of living crisis spirals
Central bank implements back-to-back hikes for first time since 2004
Interest Rates
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Don’t overlook the market lessons of the 1940s
When the US Fed also pursued an aggressive monetary policy by lowering interest rates and using QE
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Could rising rates finally see the stars align for specialist financial funds?
Polar Capital Global Financials Trust has doubled in price since pandemic tender offer slashed its total assets
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Bank of England leaves rates untouched as it upgrades outlook for economy
BoE did not follow ECB in trying to push back against the recent increase in global bond yields
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Has the Bank of England made active gilt funds a waste of time?
Baillie Gifford points to low interest rates as it ditches active gilt fund range
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Weekly outlook: FCA fronts up on pensions costs, BoE decision, Trump’s State of the Union
The key events for UK wealth managers for the week starting 4 February
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Bank of England votes unanimously for rate hike
The Bank of England Monetary Policy Committee (MPC) has voted unanimously to raise rates to 0.75% at its August meeting.
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BoE rate decision reveals surprise hawk
The Bank of England (BoE) has held interest rates at 0.5% but the central bank’s chief economist has surprised markets by siding with the hawks at the latest monetary policy committee (MPC) meeting.
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Aggressive Fed warned not to overcook it
A hawkish US Federal Reserve has bumped interest rates by 25 basis points and hinted at two more rises by the end of the year, but industry figures believe over-aggressive tightening risks derailing the Trump trade.
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BoE holds rates as ‘unreliable boyfriend’ returns
Bank of England governor Mark Carney has re-earned his moniker as an ‘unreliable boyfriend’ as the monetary policy committee votes 7-2 to hold rates at 0.5%.
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Six managers on whether the Bank of England will hold or hike
Weak Q1 GDP data and comments from Mark Carney have seemingly put the kibosh on a May rate hike, but the Bank of England’s trajectory is far from certain. Portfolio Adviser asked fixed income analysts and managers whether they think the BoE will begin tightening or hold off.
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UK inflation drop raises questions over rate increase
UK consumer price inflation fell sharply to the lowest rate in a year last month, raising questions over the Bank of England’s (BoE) direction on interest rates.