Investment Week (May 10)
“The Bank of England is widely expected to make a 25 basis points hike tomorrow (11 May) as inflation remains stickily in the double digits, despite record rises in interest rates over the past two years. The move would come in the wake of similar decisions from the Federal Reserve and European Central Bank last week.” Looking ahead, a rate cut seems more likely from the Fed, with analysts “split on the path forward for the BoE following the presumed 25bps hike, with much depending on economic data released over the next few months.”
Tags: 25 basis points, Analysts, BOE, ECB, Economic data, Fed, Hike, Inflation, Interest rates, Rate cut, Split
Bloomberg (May 5)
“The collective sigh of relief in markets after Federal Reserve Chair Jerome Powell pushed back against super-sized hike speculation may be short lived.” The strategists “who fear inflation” suspect this is a “false dawn.”
Tags: Collective, Fed, Hike, Inflation, Markets, Powell, Relief, Short lived, Speculation, Strategists, Suspect
The Economist (December 12)
“Since interest rates hit rock-bottom in 2009, the Federal Reserve has repeatedly made optimistic forecasts about when they would start rising, only to delay the big day again and again.” The long-awaited hike now appears imminent. “On December 16th, when the Fed’s rate-setting committee meets, it seems all but certain to raise rates.”
Tags: Fed, Forecasts, Hike, Interest rates
