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UK recovery not as vigorous as US, BoE will have to wait for a hike till inflation is above 1%

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Phillip Shaw, Chief Economist for Investec, joined Zak Mir and Bill Hubard, Chief Economist for Bullion Capital, on the Tip TV Finance Show to discuss the importance of inflation for both the UK and US in raising rates. Key Points: Shaw believed that the process has just begun with the initial rate hike from the Federal Reserve, and the next hike in the US is likely in March once the Fed have had time to see the impacts on the first on the US economy. In terms of commodities, he outlined a

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