EPISODE · Jun 21, 2024 · 8 MIN
Why did the Bank of England maintain interest rates? | The Week in Markets
from True Potential Morning Markets · host True Potential
The focus for today is the UK as Kevin Kidney, Head of Asset Allocation and Paul Durrans, Investment Director, look at the Bank of England’s decision to maintain the current interest rate of 5.25% and the economic factors as to why. Also they take a look into the surprisingly positive UK retail sales data as consumer confidence is building with stronger real wage growth and how that compares to a slowing consumption in the US.
What this episode covers
The focus for today is the UK as Kevin Kidney, Head of Asset Allocation and Paul Durrans, Investment Director, look at the Bank of England’s decision to maintain the current interest rate of 5.25% and the economic factors as to why. Also they take a look into the surprisingly positive UK retail sales data as consumer confidence is building with stronger real wage growth and how that compares to a slowing consumption in the US.
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Why did the Bank of England maintain interest rates? | The Week in Markets
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