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

ALL RIGHTS RESERVED © INVSTR LTD. 2017

Risk Disclosure:
Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order. Brokerage services, including fractional trading of US securities, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here. Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.

Download on the App Store           Download on Google Play

ALL RIGHTS RESERVED © INVSTR LTD. 2017

Risk Disclosure:
Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order.
Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.
Brokerage services are provided by the following:
US traded securities, including fractional trading, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here.
India account traded securities are provided by SIC Stocks & Services PVT Ltd. SIC does not make any personal recommendations to buy, sell or otherwise deal in investments. Investors make their own investment decisions. The services and securities provided by SIC may not be suitable for all customers and, if you have any doubts, you should seek advice from an independent financial adviser. For more information and disclaimers, click here
Cryptocurrency trading is provided by Coinbase. To be eligible to use the Coinbase Services you must be at least 18 years old. Your eligibility to access certain Coinbase Services also depends on the country in which you reside. For more information on eligibility of use and disclaimers go to Coinbase, or click here

 

Share This