Month : April 2024
Tory election hopes fade with prospects for interest rate cuts
Rishi Sunak hoped to go to the polls in the autumn with cheaper mortgages and lower taxes...
Wholesale prices rose 0.2% in March, less than expected
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate....
Traders scale back bets to two BoE rate cuts this year
Megan Greene argues in the FT that investors are wrong to bet on early UK rate cuts as expectations also shift in US and eurozone...
Fed likely to cut rates before ECB blinks, former BOE member says
The Federal Reserve is likely to cut rates before the European Central Bank does, a former member of the Bank of England said....