Bank of England hits pensions again

As anticipated, Mark Carney announced the introduction of “forward guidance” for the UK as part of his inflation report press conference: “In practice, that means the MPC (Monetary Policy Committee) intends not to raise Bank Rate above its current level of 0.5% at least until…unemployment has fallen to a threshold of 7%.” This is a pretty

Aug 8, 2013 Categories: Investment Strategy