From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Don't follow the Bank of England too closely as an investor

By Chris Bailey | Wednesday 20 December 2023


 


The Governor of the Bank of England and I must be related somehow, albeit his direct ancestors over the last century or so had much more access to any of the money than my direct ancestors did. Interestingly, there was only one of us who studied undergraduate Economics but, then again, only the now Bank of England supremo started his career at the London School of Economics and then the Bank of England itself whilst the closest I have been with the latter is visiting its rather good museum (worth a trip in my opinion). Anyhow, the reason I am rambling on about Mr Bailey is that today's Consumer Price Index (CPI) numbers are rather good news for him. Interest rate cuts set fair for 2024 then?
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

VANL

Van Elle Holdings – a Buy?

Thursday »

CCT

Character Group – a Buy?

 

ING

Ingenta – now a Buy again?

 

Clown

Which PR genius wrote this?

 

HAT

H&T Group – now again a Buy

Time left: 16:00:17