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...
The US dollar is close to peaking and the risks now seem to be on the downside.
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