Professor Niall Ferguson of Harvard University says he "was all but pelted with bread rolls" in 2006 for warning that the world could end up like Japan: "fending off deflation with monetary and fiscal expedients" amid stagnating growth. And given that he was right about the last crisis, it bodes ill that he now reckons "there is a lot about the present time that is reminiscent of those pre-crisis days". Every asset class has soared. In most housing markets, inflation-adjusted home prices are above their pre-crisis highs. Meanwhile, shares in Facebook, Amazon, Netflix and Google are up between 30% and 60%; bitcoin has risen sevenfold in 2017.
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Investors should buy into the nuclear power renaissance – Merryn Somerset WebbOpinion A new golden age for nuclear power is upon us, says Merryn Somerset Webb
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When is the next Bank of England base rate meeting?The Bank of England cut the base rate to 4.25% at its meeting in May. When is the next Monetary Policy Committee meeting and will interest rates fall?
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Interest rates held at 5.25% again – is a cut coming?News The Bank of England’s Monetary Policy Committee has held interest rates at 5.25% for the third consecutive meeting – what does it mean for your money?
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The Bank of England can’t afford to hike interest rates againWith inflation falling, the cost of borrowing rising and the economy heading into an election year, the Bank of England can’t afford to increase interest rates again.
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Interest rates held at 5.25% againThe Bank of England has kept rates at 5.25% again, in a widely anticipated move. We look at what it means for your money - and what the Bank’s next move could be
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Bank of England holds interest rates at 5.25%
The Bank has kept rates at 5.25%, ending its run of 14 consecutive increases. We look at what it means for your money - and what the Bank’s next move could be
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CPI inflation falls faster than expected in JuneThe rate of CPI inflation came in below expectations for June, giving a welcome boost to the Bank of England, the government and consumers.
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When will UK interest rates fall further? Latest Bank of England predictionsMost economists expect at least one more interest rate cut this year as the labour market slows, but could geopolitical tensions change the outlook?
