Policy pause: Bank of England holds rates at 4% ahead of UK budget; Bailey signals caution as inflation, growth pressures persist – The Times of India

Policy pause: Bank of England holds rates at 4% ahead of UK budget; Bailey signals caution as inflation, growth pressures persist – The Times of India

The Bank of England (BoE) on Thursday kept its benchmark interest rate unchanged at 4%, opting for caution ahead of the UK government’s upcoming budget later this month that is expected to include tax increases, AFP reported.Governor Andrew Bailey said the central bank remained confident that rates were on a “gradual path downwards” but stressed…

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Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head

Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head

Bonds may be more than just a safe haven. BondBloxx ETFs’ Tony Kelly, a former Goldman Sachs Asset Management global ETF head, contends it’s where investors can also play offense due to the market backdrop. “It’s definitely getting more nuanced,” the firm’s co-founder told CNBC’s “ETF Edge” this week. “Advisors are being a bit more thoughtful…

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Gold Rates Tumble: Investors Shocked, But Jewellery Buyers Have A Reason To Smile

Gold Rates Tumble: Investors Shocked, But Jewellery Buyers Have A Reason To Smile

Gold and silver prices have experienced significant fluctuations recently. The US-China trade deal and the strengthening US dollar are the primary factors influencing these movements. Investors tend to reduce their investments in precious metals when market and global geopolitical conditions appear stable, leading to a decline in prices. On the Multi Commodity Exchange of India…

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Japan’s Nikkei 225 pares gains after hitting record highs as Takaichi becomes prime minister

Japan’s Nikkei 225 pares gains after hitting record highs as Takaichi becomes prime minister

Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Japan’s benchmark Nikkei 225 pared gains Tuesday, falling from record highs, after hardline conservative Sanae Takaichi won the lower house vote, to become Japan’s first woman prime minister. She received 237 votes, clinching the majority of the 465-seat chamber,…

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