Posts Tagged ‘Interest rates’
Heightened fears of a global recession after Trump threatens Mexico with tariffs
With factory activity contracting in most of Asia last month, driven by the US – China trade war, central banks are being forced to review monetary policy, with the Federal Reserve potentially being forced to cut interest rates more than once this year. To compound recessionary fears, President Trump not only threatened to levy new…
Read MoreBank of England to hold interest rates
STERLING The Bank of England’s Monetary Policy Committee meets on Thursday where they are widely expected to leave the Bank Rate on hold at 0.50%, albeit via a 7-2 vote (most economists have pencilled in the next hike for August). Recent data releases have been somewhat mixed although investor focus was distracted last week by…
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