The European Central Bank (ECB) made no changes to its key interest rates, asset purchases and forward guidance and is unlikely to make any changes in the coming months.
We believe the Brexit negotiations will conclude with a relatively “soft” Brexit. But, as current media headlines show, there are still a number of compromises that need to be made on both sides to seal the deal.
Today the Bank of England’s (BoE) Monetary Policy Committee met, and voted by a majority of 7-2 to keep the policy interest rate at 0.75%.
We believe the Brexit negotiations will conclude with a relatively “soft” Brexit.
Interest Rate Policy
A broad overview of our 2017 Long-Term Capital Market Assumptions
Time-tested projections for resilient portfolios