Money Minute Monday 16 September: the week ahead
In today's Money Minute, we look ahead to this week’s biggest financial stories, with monetary policy decisions coming from the UK, US and Japanese central banks.
Welcome to Monday's Money Minute, where we look ahead to this week's biggest financial stories.
On Tuesday, we get the UK inflation figures for August. In July, annual inflation came in at 2.1%, almost bang on the Bank of England's target.
Later that day, we get the latest decision on interest rates from the US Federal Reserve. US president Donald Trump has called for the Fed to cut rates from their current level of 2.25% all the way to 0%. That seems highly unlikely, but market do expect the Fed to cut rates by a quarter of a percentage point.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
On Thursday, it's the turn of first the Bank of Japan, and then the Bank of England to give their latest monetary policy decisions.
Given the ongoing absence of any clarity on Brexit, the Bank of England is unlikely to change anything, leaving the UK's key interest rate at 0.75%.
With Japan's key rate already at 0%, the Bank of Japan is also expected to sit on its hands.
-
Landlords ‘positive’ about buy-to-let market despite Renters Reform Bill
News New research has found landlords are not being put off investing in the rental market, even though the Renters Reform Bill is on its way.
By Henry Sandercock Published
-
Lloyds Bank unveils new pension service – is it any good?
Lloyds is the first high-street bank to launch a ready-made pension service. How does it work, is it any good and who can save in it?
By Vaishali Varu Published