|
|
|
|
|
|
|
|
|
|
|
05.11.26 - 16:09
|
"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5% (ZeroHedge)
|
|
|
"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5%
For the first time in 1,190 days, the Bank of England has raised interest rates.On Thursday the BoE's Monetary Policy Committee voted 8-1 to lift Bank Rate by 25bps to 4.00%, the first hike since August 3, 2023, when the BoE topped out at 5.25%. And the lone dissenter was no dove: external member Catherine Mann wanted a half-point move to 4.25%. Put differently, not a single one of the nine MPC members voted to keep rates on hold, which is a little more hawkish than consensus: Goldman and JPMorgan both expected a 7-2 vote (Goldman's STIR desk had Swati Dhingra and Alan Taylor as the holdouts), while Deutsche Bank's UK economists were looking for a 6-3 split.Even the doves came along, if grudgingly. Alan Taylor, one of the most dovish members of the committee, called it "a risk management, 'one-for-now' insurance hike," while Governor Andrew Bailey, in his own ...
|
|
|
|
|
|
|
|
|
|
|
05.11.26 - 12:54
|
Trump Faces Backlash After Midterm Election Rout (Bloomberg)
|
|
|
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Jari Stehn, Goldman Sachs Chief European Economist; Estelle Brachlianoff, Veolia CEO; Caroline Behringer, CB Strategies Founder; Amanda Sloat, IE University Professor. (Source: Bloomberg)...
|
|
|
|
|
|
|
05.11.26 - 09:06
|
Finance firms reportedly begin seeking investors for SpaceX′s US$40B chip financing (Digitimes)
|
|
|
Goldman Sachs and Apollo Global Management have reportedly begun approaching potential investors about purchasing parts of a US$40 billion deal to finance SpaceX's leasing of Nvidia chips. The firms are seeking to complete the transaction quickly in the wake of Democratic victories in this week's midterm elections, which some worry could slow the growth of AI development....
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|