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Why we still expect a Bank of England rate cut in August
We’re a week out from the next Bank of England meeting and investors reckon a rate cut is a 50:50 call. The logic is simple enough. Two out of the nine-strong committee have already started voting for rate cuts. Two, maybe three, take the opposite view and are visibly resistant to cuts. That leaves four or five in the middle who appear torn. June’s meeting revealed that some - perhaps most - of those officials thought that decision was finely balanced. But apart from that, we’ve heard next to nothing from those policymakers since the general election was called in late May. That lack of commentary makes it hard ... (full story)
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From cnbc.com|Jul 25, 2024China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the Covid-19 pandemic. Authorities announced they would ...
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From bnnbloomberg.ca|Jul 25, 2024Treasury Secretary Janet Yellen highlighted commitments by Group of Seven nations backing market-set exchange rates when asked about recent remarks by former President Donald ...
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- Posted: Jul 25, 2024 12:18pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,725
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