#BankofEngland #interestrates #sterling #inflation #CPI #MPC #economy #markets #CentralBanks
Today we will look at the surprise rate hike from the Bank of England from 0.1% to 0.25% and why we do not think the Old Lady of Threadneedle street can commit to really fighting inflation how it should.
Our conclusion is that we could see a few more tiny rate hikes but nothing significant and the MPC actually pointed this out in its statement yesterday.
SUPPORT MANECO64:
GOLD INVESTMENTS Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/
Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64