Why we don’t expect a UK interest rate rise until November March 13, 2018 Forecasts for UK interest rates have moved significantly. The Bank of England, which ordered an increase from 0.25 per cent to 0.50 per cent in November, has signalled that it is ready to raise rates faster than previously thought. The Bank’s closely watched quarterly Inflation Report, published last month, pointed to the prospect of excessive [...]
Bank of England raises interest rates – are there more hikes to come? November 2, 2017 The Bank of England’s (BoE) monetary policy committee (MPC) has raised interest rates for the first time since November 2007, in a move that has been well-flagged in recent months. The policy interest rate has been raised from a record low of 0.25 percent back to 0.50 percent, where it sat for most of the [...]
Will UK interest rates rise next month? October 11, 2017 Here we go again … the Bank of England has dropped heavy hints on interest rates. It could order an increase next month, according to the latest market pricing. Many are puzzled with the sudden change in communication given the fragile state of the economy and the uncertainty created by Brexit negotiations. The Bank, of [...]
As the ECB “steps up” stimulus plans, will it do enough to prevent a Eurozone recession? December 4, 2014 Azad Zangana, European economist at Schroders, says Yes. The 2015 outlook for the Eurozone is precarious. Governments are continuing with austerity, while business surveys suggest a downturn is on the horizon. Markets are demanding the European Central Bank (ECB) adds QE to the measures already being used. Despite German resistance, president Mario Draghi has stated [...]