Thursday, 9 April 2015

Loose policy buoys investor interest in UK

The Bank of England’s Monetary Policy Committee held interest rates at 0.5% and maintained its asset purchases at £375bn at its April meeting. No statement was made alongside the announcement.
Investors have meanwhile stormed have back into both equity and fixed-income funds as the ‘goldilocks’ scenario of robust economic growth and ultra-loose policy shows little sign of ending any time soon.