As the globe spins so does the decision time for central banks about their country’s interest rates. Firs off the post this week was Australia, followed by the UK then the Fed in the USA. Strike one, the Australian Reserve Bank (RBA) increased rates by 25 basis points to 6.25 percent. Nobody was surprised...
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With the likelihood of base rate increases in the UK on Thursday we’ve been scouring various analysis in the media for hints of whether this will be the last rate increase or not. A few months ago figures and analysis pointed to the likelihood that rates would increase just one more time at the...
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It seems that the vultures are beginning to circle around the Bank of England. As we reported in our previous article, Institute of Directors have outlined that their own report points to increases in bank rates needed. Adding more fuel to the fire comes a report from BDO Stoy Hayward outlined in BN that...
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With inflation in the UK running at 2.4 percent the likelihood of the Bank of England increasing interest rates by at least a quarter percent to 5 percent is pretty much on the cards in four days time. Further support for a rate increase came from an unlikely source, the chief economist at the...
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As indices in western markets regain past loses and march upwards it might be time to ponder and view the results in the light of current news on housing and the growth of interest rates across many of these markets – this article in BN provides a good succinct overview. Markets hit new highs,...
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