Vanguards have published an economic and market update:
https://www.vanguardinvestor.co.uk/arti ... mic-update
"The Bank of England (BOE) voted at its 16 December meeting to raise its Bank Rate by 15 basis points to 0.25% and to maintain its asset-purchase programme at current levels, in essence ending such purchases and capping its balance sheet at £895 billion. We expect a quarter-point interest-rate hike, to 0.5%, with the next policy announcement, on 3 February as the bank’s Monetary Policy Committee seeks to show its resolve in bringing inflation back to its 2% target."
"Vanguard expects headline and core inflation to peak above 6% (closer to 7%) and 4.5%, respectively, in the first half of 2022, later than in the euro area as a government energy price cap is expected to rise in April. We then expect both core and headline inflation to fall to around 3% by the end of 2022 and further still in 2023."
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Vanguard Economic Update
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- Lemon Quarter
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- Lemon Quarter
- Posts: 4760
- Joined: November 14th, 2016, 7:33 pm
- Has thanked: 178 times
- Been thanked: 1377 times
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- Lemon Quarter
- Posts: 4760
- Joined: November 14th, 2016, 7:33 pm
- Has thanked: 178 times
- Been thanked: 1377 times
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- Lemon Quarter
- Posts: 4760
- Joined: November 14th, 2016, 7:33 pm
- Has thanked: 178 times
- Been thanked: 1377 times
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- Lemon Quarter
- Posts: 4760
- Joined: November 14th, 2016, 7:33 pm
- Has thanked: 178 times
- Been thanked: 1377 times
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