BoE decision After much media hype surrounding the ‘will they won’t they cut interest rate debate’, the Bank of England‘s Monetary Policy Committee – (MPC) decided Thursday 30th January 2020 to keep interest rates unchanged at 0.75% This is Mark Carney’s final rate call as the UK commences Brexit stageRead More →
The Federal Reserve announced on 30th October 2019 an interest rate reduction of 0.25% This will lower the Federal funds target rate to between 1.5% -1.75%. It was also reported earlier Wednesday that third quarter GDP growth rose at a better than expected 1.9% annual rate. The Fed signalled aRead More →
The Federal Reserve interest rate decision is due today at: 19:00 BST. The Federal Reserve has a clear mandate from the U.S. Congress to promote maximum employment and to maintain price stability. If inflation is too high, or it thinks it is heading that way, the Fed will raise interestRead More →
U.S. stock markets have increased on the back of heavy investor interest rate cut speculation. Investors are betting on an interest rate cut. This will most probably happen, but the question now is, by how much? The Federal Reserve Bank The Fed disappointed the stock markets in December 2018, andRead More →
Best ‘name you will know‘ savings account (others are available) Please note… The information provided here is an opinion. It is NOT a recommendation and we DO NOT receive payments or ‘referral fees’ from the company in question – no affiliation. Just so you know. This information was generated onRead More →
Headwinds brewing? Trade concerns and an uncertain economic outlook make a Fed July interest rate cut highly probable after Fed chair, Jerome Powell addressed his concerns to U.S. congress. Comments made by the Fed suggests that growth in the second quarter appears to have moderated, business investment appears to haveRead More →
Compound interest, an investors best friend This is why? The concept is very simple. Compound interest is simply interest added back to the original or principal sum and then more interest is earned or calculated on ‘that’ added interest over the next compounding period. Like this…Year one… Over a oneRead More →
The U.S. earnings season is almost upon us and this data will likely move markets more so than usual My dilemma is what the Fed will do regarding interest rates in either of these ‘what if scenario’s…‘ And the dilemma is… First – What if we see weaker than expectedRead More →
Interest rates for United Kingdom, United States and European Union UK interest rate: 0.75% – next update due 1st August 2019 U.S. interest rate: 2.25% 0 2.50% EU interest rate: 0.25% These interest rates will be updated monthly. How interest rates work?Read More →