Bank of England Warns of Risk of Sharp Correction in Asset Prices, FTSE 100 Rebounds After Worst Week Since October
===============
#d2bd07c1 ver:0.12
The FTSE 100 rebounded after its worst week since October, with UK stocks rising in line with other European stock indexes . The blue-chip gauge saw gains as investor confidence improved. Barclays led the fallers as its results disappointed the City . The FTSE 100 has lost over 300 points in the past week .
The Bank of England has warned of the risk of a “sharp correction” in asset prices in its latest financial stability report. The central bank stated that investors in financial markets expect the economy to continue to recover and inflation to fall, putting less weight on risks that might cause weaker growth or higher interest rates than expected. As a result, the prices of many assets such as shares and bonds have gone up, which the bank considers to be high relative to historical nor...
#newstr #Ftse100 #UkStocks #UnemploymentRate #FixedrateBonds #Isas #InterestRates #Bitcoin #BankOfEngland #AssetPrices #FinancialStability