Today news
About the same in other media
Rate cuts 'a coin toss' as divided Bank of England weighs up next monetary policy move
Reading now: 593
June saw UK inflation dip to BoE's 2% target for the first time in three years, but high levels of services inflation at 5.7% and core inflation hitting the 3.5% mark dashed any hope of the bank rate being trimmed in June. This data from the Office for National Statistics showed that headline inflation in the UK currently sits below the levels across the Atlantic and in the Eurozone. James McManus, CIO at Nutmeg, said the fall to target represented a «milestone moment», high wage growth and stickiness in domestic price pressures could mean «an August rate cut could well be off the ta...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Bank of England cuts interest rates by 25 basis points to 5% investmentweek.co.uk /3 months ago
Bank of England 0.25% Rate Cut Stirs Potential Bitcoin Breakout cryptonews.com /3 months ago
Asian shares fall as slew of rate decisions ahead: Markets wrap economictimes.indiatimes.com /3 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.
