-
September BoE MPC Preview: Levels versus trends
Investors are split on this month’s BoE MPC announcement but the majority call is for no change. The August reduction in Bank Rate to 5.0 percent only got through by the tightest of margins (5-4) with Chief Economist Huw Pill voting against the move and Governor Andrew Bailey stressing the need for careful easing going forward. Still, with inflation down again and wage growth slowing, a small minority of forecasters anticipate a second 25 basis point reduction that would put Bank Rate at 4.75 percent, its lowest level since June 2023. Indeed, potentially increasing the chances of a cut is the arrival on the MPC of ... (full story)
- Comments
- Subscribe
-
- Older Stories
From corporate.nordea.com|Sep 13, 2024We still think the Fed will join the rate cutting party next week with a 25bp initial move, and 25bp steps will likely be enough also going forward, as they are for the ECB. ...
From think.ing.com|Sep 13, 2024|1 commentIt has been an eventful summer with the combination of a Bank of Japan rate hike on 30 July, which caught many in the market off guard, and the Fed pivoting to put less emphasis ...
From channelnewsasia.com|Sep 13, 2024Sanae Takaichi, one of the leading contenders to replace Japanese Prime Minister Fumio Kishida, said on Friday that the Bank of Japan should hold off on further interest rate ...
-
- Newer Stories
From raymondjames.com|Sep 13, 2024The Federal Reserve (Fed), and markets, overreacted to the slightly higher inflation seen during the first quarter of the year. After that scare, the Fed went from expecting three ...
From zerohedge.com|Sep 13, 2024An event-full week (US CPI, US PPI, Presidential debate, ECB rate decision, and WSJ Fed whispers) left stocks, bonds, gold, crypto, and crude all higher in price, while the dollar ...
From stats.gov.cn|Sep 13, 2024In August, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly ...
- Story Stats
- Posted: Sep 13, 2024 4:20pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,394
- Linked events:
