Invesco Canada blog

Insights, commentary and investing expertise

Market review: Between a rock and a hard place in the U.K.


August 9, 2017
Subject | Institutional | Invesco | Macro views

Last week, the Bank of England (BoE) opted to keep its key short-term bank lending rate unchanged at 0.25% by a vote of 6-2. The BoE’s Monetary Policy Committee is keeping interest rates ultra low because of concerns that the United Kingdom (U.K.) economy is too weak to accommodate higher borrowing costs. It may seem surprising that the BoE is so concerned about the economy, given that the U.K. has very low unemployment; the current rate is 4.5% – the lowest rate in years.1 That may seem doubly surprising, given that inflation has been rising and could likely be nipped in the bud through higher rates.

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Market review: The summer of a hundred paper cuts


August 2, 2017
Subject | Institutional | Invesco | Macro views

Those of us who work in offices have our own kind of occupational hazards – not the least of which is the paper cut. While hardly dangerous, a paper cut can range from harmless but annoying to mildly painful. The good news is that we rarely get more than one paper cut at once. But what if we experienced a hundred or more paper cuts around the same time? While they may not be deadly, they could certainly cause some serious suffering.

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