Peter Elston on UK growth The question of concern currently is at what point does the Bank of England put the brakes on? This matters because equity markets, rightly, do not like it when central banks barge in and end the party. The good news is despite the Bank of England Monetary Policy Committee member Martin Weale's hawkish comments recently that interest rates should be increased sooner rather than later, I think monetary conditions are going to remain looser than many think. The Bank of England's job is to maintain price stability and support the government's objectives with r...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes