Jackson Hole: the Fed is primed to cut interest rates
The mood was upbeat during this year’s global gathering of central bankers in Wyoming.
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The mood was upbeat during this year’s global gathering of central bankers in Wyoming.
What is the actual message that the Bank of England is trying to send?
After a knife-edge vote, the Bank’s Monetary Policy Committee opted to bring rates down from their 16-year high.
The value of America’s tech giants is staggering.
Bank of England’s Bailey still expected to give a clear kick to rate increases.
Government debt is roughly equal to an entire year’s economic output.
The big question now is whether the Bank of England will go ahead with another interest rate hike at its next meeting in September, bringing the rate to 5.5 per cent.
As former ECB boss Juncker said, we all know what to do but don’t know how to get elected when we have done it.
Neil Collins’ Notebook: In practice, the rate rise in borrowing costs will have very little impact outside the money markets.
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