Keep up with all the latest news from the UK and around the world by following Sky News Tap here How fast that descent should be will be at the heart of discussions today when the Monetary Policy Committee meets to make a decision that will be announced tomorrow lunchtime. The marke...
Read the full-text online article and more details about "Interest Rates Held - but a Rise Is Likely Next Month; Bank of England Decision a 'Close Call'" - Daily Post (Liverpool, England), April 6, 2007Daily Post (Liverpool, England)...
A lot has happened in the month since the last interest rate decision by the Bank of England’s Monetary Policy Committee (MPC). Could we see the base rate rise to 3.25%? The last interest rate decision took place on 22 September where the base rate climbed from 1.75%...
It reflects concerns about the UK's faltering economy and the chancellor's ability to meet her rules related to the public finances. These can be seen more widely in the leap in the effective interest rate investors are demanding to hold UK government debt. ...
The MPC considered that, without a further interest rate reduction, consumer price inflation would be likely to substantially undershoot its 2% target over the medium term given the sharply deteriorating UK economic performance and outlook, growing spare capacity, the ongoing dislocations in the fina...
In addition, the government’s decision to pump billions into the economy is likely to fuel further price increases, meaning the Bank of England may need to raise interest rates even higher to control inflation that is already running at a near 40-year high of 9.9%. In response to these ...
from 1850 to 1900 in the US and the UK, a very long bull market in bonds, falling long-term rates. At the same time, this was a period of rampant globalization. There does seem to be a link between them in that the more we trade with the rest of the world and access cheap labor...
Even with the latest data prints providing more clarity, there are still plenty of question marks. We outline our thoughts on where central banks are headed.
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The peak in UKinterest ratespriced by swaps markets has risen dramatically in recent weeks, from 5 per cent as recently as May to 6.25 per cent following the Bank of England’s unexpected decision to raise interest rates to 5 per cent in June. “There’s a self-feeding dynamic here ....