As the Bank of England explores negative rates as UK economy weakens how will it impact your investments in the stock market?
Interest rate cycles straddle generations. In the last upswing, the Bank of England base rate peaked at 17% on 1980. For the next four decades, that borrowing cost went nowhere but down. The forty-year bear trend was only punctuated with occasional sharp, but brief, climbs.
Related Guide: How to invest in bonds and gilts
When the full force of the covid-19 pandemic struck the economy in March this year, it broke the base rate again. So worried was the nine-member Monetary Policy Committee (MPC) that they slammed the ra...