Investment Commentary – July 2014

July 2, 2014

UK investors were provided with a shock to some degree in June when it emerged they could be the first developed nation investors to suffer the inevitable whilst potentially painful Central Bank interest rate rise. Bank of England Governor Carney told markets that an interest rate rise could happen “sooner than markets currently expect” during a speech at the annual Lord Mayor’s Banquet. This was somewhat at odds with previous guidance and prompted a market revaluation, bringing the possibility of a rate rise in 2014 sharply into focus.

Investment Commentary July 2014


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