Morning Bid: Rates frustration spoils markets' Friday mood
==========

Fears of higher interest rates dampen AI rally; Retail sales for April in Britain and detailed GDP data for Germany weigh on stocks; Bank of England contending with UK inflation; Traders pricing in 58 basis points of cuts in 2024 from the European Central Bank; Federal Reserve now expected to cut rates only in December; Hargreaves Lansdown's biggest shareholder open to taking the company private.

#InterestRates #AiRally #RetailSales #GdpData #BankOfEngland #Inflation #EuropeanCentralBank #FederalReserve #HargreavesLansdown

https://www.investing.com/news/economy-news/morning-bid-rates-frustration-spoils-markets-friday-mood-3455744