BoE will acknowledge that high inflation could be prolonged. Compared to other central banks, policymakers in BoE’s MPC have the most disagreements with each other. While MPC members are divided into three groups, and one part believes that current interest rates are good enough to control inflation, market participants still believe that on Thursday, February […]
While Boris Johnson’s admirable measures to overcome Corona caused the British economy to start recovering faster than other economies, 2022 brought many other shocks and challenges for the British. Inflation, BoE tightening policies, the war in Ukraine, Brexit aftershocks, and the tensions of 10 Downing Street all together made the UK economy suffer, which is […]
In its November 3 meeting, the Bank of England raised its key Bank rate by 75 basis points to 3.0%, which is the highest in 14 years. With these decisions, now we can say that the UK economy is heading more quickly into recession. Even if the market chaos caused by the unfortunate administration of […]
On Thursday, just a day after FOMC, the delayed BoE meeting was held. According to the reports, there was not much unity among the members. While the Central Bank finally voted to increase the interest rate by 50 basis points, the division between the members in the vote to increase the interest rate from 25, […]
The worst historical month for Bitcoin and S&P 500! War continues in Ukraine and puts more pressure on the European economy. As was expected, after strengthening in the initial days, Euro continued to fall more, and USD printed new records against most of its crosses. By getting closer to winter, concerns over energy supply increase […]
