HK EQUITY FUND SUGGESTS THAT THE BANK OF ENGLAND MAY NEED TO REVERSE ITS DECISION ON INTEREST RATES.

Hk Equity Fund: Mark Carney, Governor of the Bank of England, could need to hike interest rates earlier than anticipated. Hong Kong’s HK Equity Fund claims that as the UK economy appears to be recovering, Mark Carney, the governor of the Bank of England, may be forced to start thinking about raising interest rates sooner rather than later as the nation’s unemployment rate approaches a critical threshold that he said could justify such action. August saw Mr. Carney inform investors that before the bank would contemplate hiking rates—which have been at a record-low of 0.5% since March 2009—the UK’s unemployment rate would need to decrease to 7%. According to a HK equity fund researcher, Mr. Carney’s attempt to manage investors’ expectations over the bank’s long-term interest rate policy has never really been taken seriously because they generally expected unemployment to improve long before 2016, despite the Bank of England’s own forecasts suggesting that wouldn’t happen until 2016. It seems that they were correct. Numerous indicators, such as better-than-expected figures on services, construction, and industrial output, show that the UK’s economic recovery is picking up speed. This is in sharp contrast to the euro zone, which is currently experiencing weak growth. The European Central Bank reduced its benchmark rate last week from 0.5% to 0.25% in reaction to a weakening of the euro and a reduction in its growth estimate. Despite a positive response to government funding for lending and assistance with buy schemes, both of which are intended to boost demand for real estate, HK Equity Fund claims that it sees the UK’s economic recovery as a false dawn and cautions that the nation is not yet prepared to withstand higher interest rates. The HK Equity Fund analyst said, Higher rates will put a lot of overstretched homeowners with large mortgages over the edge. Concerning the HK Equity Fund In 1995, HK Equity Fund is founded in Hong Kong. Currently, its primary center for the Asia-Pacific area is their Hong Kong office. This is the biggest office of HK Equity Fund in the area outside of Australia, with activities across all business groups. They provide institutional cash equities and research, debt financing and funds management, corporate finance and consulting, environmental financial products, futures, metals, otc hedging, and fixed income trading services. They are based in Hong Kong. For business and government customers engaged in debt and equity fund raising, corporate restructuring, private treaty acquisitions and divestitures, and public mergers and acquisitions, HK Equity Fund offers advising and capital raising services. Our business consulting team leverages our network of committed experts to bring together local knowledge and worldwide experience. For further information, send an email to info@hkequityfund.com or contact HK Equity Fund Limited at 28/F, 8 Wyndham Street, Central, Hong Kong. +85258084873 http://www.hkequityfund.com

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