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%.
Interest Rates
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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.
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How to hedge against inflation
Global markets recently faced a correction, inflation remains above the 2% target and interest rates are likely to rise, but how can investors prepare?
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UK inflation falls for the first time since June
Having hit 3.1% in November, the Consumer Prices Index (CPI) 12-month rate fell to 3% in December, prompting suggestions UK inflation may have peaked.
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What does the end of easy money mean for managers?
After a decade of uber-low interest rates and loose monetary policy, consensus is that central banks around the world will continue to tighten their belts in 2018, so how best to tackle the shift?
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What can central banks do next?
It could be said that 2017 marked the beginning of the end of easy money as central banks started to move towards a tighter policy towards quantitative easing and interest rates. So, what is to come next?
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Fed and China raise interest rates as BoE holds firm
The US Federal Reserve has raised interest rates by 0.25% in its third hike of 2017, while the Bank of England has stood firm and held UK rates at 0.5%.
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Tilney’s Hollands: UK troubles are temporary
Tilney’s Jason Hollands has argued that the UK’s struggling economy is likely to be a short-lived beast.
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Blackrock: Rate rise will not cause negative bond returns
An upward trend in interest rates does not automatically equate to negative bond returns, despite the commonly-held market belief that it does, Blackrock has argued.
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Gold sales soar after first rate hike in a generation
Sales of gold to first-time buyers soared 64% last week after the Bank of England’s base rate hike, The Pure Gold Company said.
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Interest rates rise for first time in decade
The Bank of England has increased interest rates for the first time in a decade, reversing the 0.25% emergency cut implemented in the aftermath of last year’s Brexit referendum.