Today news
About the same in other media
Core inflation figures 'final nail in the coffin' for hopes of June BoE rate cut
Reading now: 210
investmentweek.co.ukThe Bank's Monetary Policy Committee is set to meet on Thursday (20 June) to decide the next step in the UK's interest rates path and is widely expected to continuing holding rates at 5.25%. While inflation saw an overall decline, core inflation, the measure that strips out more volatile components, remains high at 3.5%. Underlying areas such as services and home ownership costs were «unlikely to fall away anytime soon», however, according to Michael Field, European market strategist at Morningstar. UK inflation returns to 2% target but June BoE cut remains unlikely He argued to...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Container rate surge enters longest stretch since the pandemic economictimes.indiatimes.com /5 months ago
Latest News Today Live Updates June 23, 2024: On this day: Key events on June 23, Air India 'Kanishka' flight 182 bombing in 1985 to UK voting to leave EU in 2016 livemint.com /5 months ago
Don't miss the tree for the woods economictimes.indiatimes.com /6 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
