When Will Interest Rates Rise Again?

Is it "one and done" for the Bank of England or the start of a new tightening phase? The answer will have profound implications for stock and bond prices

David Brenchley 2 August, 2018 | 2:42PM

Bank of England Governor Mark Carney

The rate rise was priced into stock and markets as a dead cert, though the 9-0 decision was slightly unexpected, with Ben Brettell, senior economist at Hargreaves Lansdown expecting two doves.

Looking further down the line, there are certain stocks and sectors that will benefit, and others that will lose out from higher interest rates. Russ Mould, investment director at AJ Bell, thinks the UK Government bond market’s reaction to the news will be key in shaping how the stock market responds.

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About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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