Thursday, January 18, 2007
Market Update
Interest rates are to the fore following the Bank of England’s surprise decision last week to increase the UK base rate to 5.25%, as the Bank attempts to rein in inflation. With a higher than expected rise in consumer price inflation to 3% in December, talk is now turning to the prospect of a further rate rise in the near future.
Elsewhere, the Bank of Thailand has lowered its (continue reading…)