Industry reaction following rate cut
'Lower bound' rate will be positive
Devan Kaloo (pictured), head of global emerging markets at Aberdeen Asset Management, gives his views on major global talking points.
Jim Cielinski, global head of fixed income at Columbia Threadneedle, has said both equities and bonds will struggle to generate significant returns now interest rates have run out of room to fall after bottoming out globally.
Expecting August rate cut
Cental banks' credibility could be called into question
Rates to stay between 0.25%-0.5%
No change to QE programme