Hermes' head of fixed income Andrew Jackson has warned it is possible the Bank of England (BoE) could cut interest rates next year, with interest rates having a bigger impact now than ever before.
Jackson said UK rate rises will be slower than predicted, although if the economy is relatively robust, there could be one rate rise this year. However, he added that while there is a "low probability"...
Marcus Brookes appointed CIO
Industry Voice: Over the past ten years, investors have operated in an environment characterised by extremely accommodative and unconventional monetary policy.
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