BoE Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/boe/ North Devon's Leading Wealth Managers Mon, 28 Oct 2024 12:45:07 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.1 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png BoE Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/boe/ 32 32 Inflation drops and Budget looms https://www.miltonpj.net/2024/10/28/inflation-drops-and-budget-looms/ Mon, 28 Oct 2024 12:45:00 +0000 https://www.miltonpj.net/?p=11453 So UK inflation surprised to the downside – good news. This should lead the Bank of England to keep its promise to cut interest rates. The only fly in the ointment is what government bonds tell us? They’re worried globally but specifically in the UK about the Budget and probable extra borrowing (via these bonds, […]

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]]> Interest rates remain static – will this affect you? https://www.miltonpj.net/2024/09/25/interest-rates-remain-static-for-autumn-2024/ Wed, 25 Sep 2024 12:18:30 +0000 https://www.miltonpj.net/?p=11370 Interest rates are set to remain at 5% until after the Government’s Budget at the end of October. The Bank of England confirmed on Thursday (September 19) the rate would remain static, with inflation remaining stubbornly at 2.2% and above the ‘magic’ 2% target. At its latest meeting, the bank’s Monetary Policy Committee (MPC) voted […]

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