Click Here for Printable Version June was a difficult month for the UK economy. The core inflation numbers showed no sign of improvement and the Bank of England, which was previously expected to raise official interest rates by 0.25% instead increased them by 0.5% to 5.0%. This caused another mini panic in the mortgage market … Continue reading “June 2023 Market View”
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May 2023 Market View
Click Here for Printable Version Last month the Federal Reserve Bank (the US central bank) indicated that as long as inflation continues its current downward trajectory, then it is prepared to halt the record breaking increase in interest rates. The problem since then is that inflation and other economic data have been very mixed. US … Continue reading “May 2023 Market View”
