Latest news with #John Stepek
Bloomberg
5 days ago
- Business
- Bloomberg
A Messy Rate Decision From The Bank of England
Rates are apparently still on a downward path — but it's not at all clear how quickly they'll fall. By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. The Bank of England voted — as expected — to cut the UK's key interest rate by a quarter of a percentage point to 4% today.
Bloomberg
31-07-2025
- Business
- Bloomberg
Is a Glum Britain Heading for a Repeat of 1992?
Anatole Kaletsky of Gavekal suggests that today's 'non-negotiable' fiscal rules are analogous to the ERM. By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. I don't know whether you've noticed or not, but there's a gloomy tinge to the national mood here in the UK.
