Unlucky number 13…
The bank of England has raised the base rate, for the 13th consecutive time, from 4.5% to 5%, to try and combat the current eye watering inflation rate of 8.7%.
But what does this mean for your money?
The bank of England has raised the base rate, for the 13th consecutive time, from 4.5% to 5%, to try and combat the current eye watering inflation rate of 8.7%.
But what does this mean for your money?
Our latest Investment Strategy Quarterly provides informed insights into a turbulent market with analysis on economic situations at both home and abroad, the questions facing policymakers and investors, plus reasons to be optimistic in the long term. Read all this and more in Investment Strategy Quarterly: Time is on Our Side.
Between a rock and a hard (landing) place!
Tonight at 6pm UK time we will get the results of the most difficult and closely watched Federal Reserve interest rate decision in living memory.
Central Banks Vs Markets – who will blink first?!
Last week saw numerous interest rate increases across most developed markets. The US increased rates by 0.25% to 4.75% last Wednesday whilst on Thursday European rates went up 0.5% to 3% and in the UK our base rate is now 4% up from 3.5%.
Our latest Investment Strategy Quarterly discusses the potential opportunities and challenges the new year may bring. With features broadly assessing the outlook for 2023, from an analysis of global developed markets to a search for context and opportunities against the backdrop of an economic slowdown. Read all this and more in Investment Strategy Quarterly: 2023 Outlook.