Features

Money Minute Monday 16 September: the week ahead

In today's Money Minute, we look ahead to this week’s biggest financial stories, with monetary policy decisions coming from the UK, US and Japanese central banks.

Welcome to Monday's Money Minute, where we look ahead to this week's biggest financial stories.

On Tuesday, we get the UK inflation figures for August. In July, annual inflation came in at 2.1%, almost bang on the Bank of England's target.

Later that day, we get the latest decision on interest rates from the US Federal Reserve. US president Donald Trump has called for the Fed to cut rates from their current level of 2.25% all the way to 0%. That seems highly unlikely, but market do expect the Fed to cut rates by a quarter of a percentage point.

On Thursday, it's the turn of first the Bank of Japan, and then the Bank of England to give their latest monetary policy decisions.

Given the ongoing absence of any clarity on Brexit, the Bank of England is unlikely to change anything, leaving the UK's key interest rate at 0.75%.

With Japan's key rate already at 0%, the Bank of Japan is also expected to sit on its hands.

Recommended

How long can the good times roll?
Economy

How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019
Quiz of the week, 17–23 October
Economy

Quiz of the week, 17–23 October

Test your recollection of the events of the week with MoneyWeek's quiz of the week.
23 Oct 2020
In UK stocks, the market has chucked us a bone – we should grab it
Economy

In UK stocks, the market has chucked us a bone – we should grab it

UK stocks are trading at their biggest discount to global equities in 40 years. You should probably be looking to buy, says Merryn Somerset Webb.
22 Oct 2020
22 October 1962: Start of the Cuban missile crisis
This day in history

22 October 1962: Start of the Cuban missile crisis

On this day in 1962, the Kennedy administration issued its famous ultimatum – either the USSR removes its nuclear weapons from Cuba, or else.
22 Oct 2020

Most Popular

Negative interest rates and the end of free bank accounts
Bank accounts

Negative interest rates and the end of free bank accounts

Negative interest rates are likely to mean the introduction of fees for current accounts and other banking products. But that might make the UK bankin…
19 Oct 2020
UK post-Covid recovery stocks: these 20 companies could be set to rocket
Share tips

UK post-Covid recovery stocks: these 20 companies could be set to rocket

Finding stocks with the potential to rise tenfold or even further is far easier said than done. But the pandemic has produced the most promising backd…
22 Oct 2020
Big spending government is here to stay – just ask Rishi Sunak
UK Economy

Big spending government is here to stay – just ask Rishi Sunak

Governments around the world are splashing huge amounts of cash as they do “whatever it takes” to prop up their economies. John Stepek looks at where …
23 Oct 2020