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.

Advertisement - Article continues below

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.




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

Are we back on the road to serfdom?

The coronavirus crisis has led to levels of state intervention unprecedented in peace time. The Austrian School reminds us of the challenges, say Dan …
22 May 2020

MoneyWeek's quiz of the week, 16-22 May

Test your recollection of the events of the last seven days with MoneyWeek's quiz of the week
22 May 2020
UK Economy

What are negative interest rates and could they happen here?

Negative interest rates – where banks pay you to borrow money – now exist in many parts of the world. John Stepek explains why they are a terrible ide…
18 May 2020

Most Popular


These seven charts show exactly why you must own gold today

Covid-19 is accelerating many trends that were already in existence. The rising gold price is one such trend. These seven charts, says Dominic Frisby,…
3 Jun 2020

Disease, rioting and mass unemployment – so why are markets soaring?

Despite some pretty strong headwinds in the last year, America’s S&P 500 stock index is close to all-time highs. John Stepek explains why markets seem…
4 Jun 2020

This looks like the biggest opportunity in today’s markets

With low interest rates and constant money-printing, most assets have become expensive. But one major asset class hasn’t. John Stepek explains why com…
2 Jun 2020