Menu
Sister Sites

  • Bank of England to pause rate cuts, focus shifts to bond sales

    From xm.com

    An interest rate cut from the Bank of England next week looks unlikely but investors will be watching its September meeting for clues about future moves, as well as a decision over the pace of its bond sales - a hot political topic. All 65 economists in a Reuters poll said the BoE will likely hold rates at 5.0% on Sept. 19, after cutting from a 16-year high of 5.25% in August. News on price pressures has been mixed. Wage growth cooled as members of the Monetary Policy Committee expected last month and the economy failed to grow in July. But the Decision Maker Panel - a business survey favoured by the MPC - showed ... (full story)

  • New Comment
  •  Guest
  • | IP XX.XX.9.174
Join FF
  • Story Stats

  • Related Stories