Expect 'forceful action' in August: Industry reacts as BoE holds rates at 0.5%
No change to QE programme
Fund managers have warned investors to expect "forceful action" from the Bank of England in August after it held interest rates at 0.5% today, as well as criticising governor Mark Carney for wrong-footing markets by raising expectations of an immediate post-Brexit rate cut.
Their reaction comes after the Bank of England (BoE) left interest rates at 0.5% and made no change to its £375bn quantitative easing programme today, despite economic pressures in the wake of the UK's...
More on UK
Brexit blog: May hits back at Chequers dismissal
Latest news and analysis
IA Asset Management Survey with Chris Cummings, part 2: 'Asset management is on the edge of a technology revolution'
Two-part special
IA Asset Management Survey with Chris Cummings, part 1: 'UK continues to be the beating heart of financial services'
Two-part special
IA's Cummings urges 'predictability' from government as asset managers eye infrastructure opportunities
Allocation to sector jumped to £40bn in 2017
More news
Unigestion expands cross asset solutions team with two manager hires
Working in London and Geneva
Investec's Mundy: I would say we are only half way through the global financial crisis
Staunch value investor
Vanguard changes screening process on two SRI index funds
Effective 24 September
Investment Week digital edition - 24 September 2018
Latest edition of the print magazine online
What lessons have been learnt over the decade since Lehmans collapsed? (Part IV)
Four-part Big Question special
Back to Top