- The Bank of England (BOE) decided to deliver its #inflation medicine in a bigger dose
at their recent monetary policy committee meeting.
The bank made the shock decision to raise borrowing costs a half percentage point,
taking the official rate to 5% ;
double the size of the increase anticipated by most economists.
BoE hiking interest rates to 5% ,
it adds...
Esteemed colleagues and discerning investors,
As we gather to deliberate on the trajectory of our financial endeavors, let us turn our attention to the chart that unfolds before us. This graph is not merely a collection of lines and oscillations—it is the pulse of the market, the heartbeat of commerce, the very rhythm of our economic aspirations.
Observe the...
The inflation battle is far from over in the UK. In fact, the nature of inflation is taking a new form as the root cause moves away from external to more domestically driven shocks. While the headline rate remained unchanged at 8.7%yoy in May, core inflation accelerated to 7.1% in May from 6.8% in April, marking the highest rate since March of 19922.
In response...
