Test of nerve for markets as 10 years of cheap money come to an end Stock markets The Observer Test of nerve for markets as 10 years of cheap money come to an end With economic signals positive and interest rates set to rise, recent turmoil is just the start of a rollercoaster ride for shares Traders react to market volatility on the floor of the Cboe in Chicago. As it entered 2017, US interest rates had trebled, but only from 0.25% to 0.75%. That would mean one or two more interest rates rises than most investors were expecting. Facebook Twitter Pinterest Bank of England Governor Mark Carney has indicated that interest rates will soon need to rise. It says that Brexit has permanently damaged the UK economy and it will therefore be operating at full capacity at a lower GDP growth rate.

Source: The Guardian February 10, 2018 15:56 UTC