A day after a surprise slowing in Britain’s fast pace of price growth, the BoE’s Monetary Policy Committee voted by a narrow margin of 5-4 to keep Bank Rate at 5.25%. It was the first time since December 2021 that the BoE did not increase borrowing costs.
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.
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