Bank of England warns on UK inflation and growth – invstr CEO Kerim Derhalli gives his take

by | May 11, 2017

The Founder and CEO of invstr Kerim Derhalli has given his take on the latest announcement from Mark Carney, the Governor of the Bank of England, who has warned of rising inflation and its affect on UK living standards. The Bank has also floated the idea of increasing interest rates sooner than expected, as well as downgrading the UK’s growth forecast in the near-term to 1.9% from 2%.

For all of the coverage, follow one of the links below:

·         CNBC: http://www.cnbc.com/2017/05/11/the-associated-press-wages-wont-keep-up-uk-central-bank-says-inflation-biting.html

·         Seattle Times: http://www.seattletimes.com/business/bank-of-england-keeps-rates-at-record-low-as-economy-slows/

·         FOX Business: http://www.foxbusiness.com/markets/2017/05/11/bank-england-keeps-rates-at-record-low-as-economy-slows.html

·         Daily Mail: http://www.dailymail.co.uk/wires/ap/article-4495462/Bank-England-keeps-rates-record-low-economy-slows.html

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