macroeconomics
- Banking
ECB meets expectations with 25bps hike
The new headline rate is the highest for the ECB since May 2001, and comes as inflation in the bloc…
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UK inflation drops slightly to 10.5% in December
The consumer price index fell from 10.7% in November, while the consumer price index including owner occupiers’ housing (CPIH) fell…
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Political obstacles to successful investing
Investors have been buffeted by the Russian invasion of Ukraine and the Truss/Kwarteng fiscal experiment. China’s stock market came under…
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“No big surprises” as Fed makes fourth 0.75% hike
The Fed has now raised rates six times this year, pushing interest rates up to 3.75% to 4%. Yesterday’s decision…
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PLSA: Bank of England action should not be ended too soon
In a statement issued this morning, the industry body – whose annual conference will be held in Liverpool this week…
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Treasury Committee calls for OBR forecast to be expedited due to ‘continued market uncertainty’
Chair of the committee Mel Stride has written to Chancellor Kwasi Kwarteng to ask that he make an OBR forecast…
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Average global funds hold a third less in the UK than before Brexit
On the sixth anniversary of the Brexit Referendum vote Investment Week examined how much global funds were investing in the…
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Growth stock pickers feel like ‘a kid in a candy shop’
Growth stocks have generally had a better ride than value over the past decade. The combination of ultra-low interest rates…
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Scottish Mortgage’s Slater: We place an ‘outsized degree of importance’ on company founders to drive returns
Like many Baillie Gifford portfolios, the house’s flagship trust invests in several names whose reputation is closely linked to its…
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