Bank of England Official Suggests Interest Rates Should Stay on Hold This Summer
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#79a8b667 ver:0.33

Bank of England official suggests interest rates should stay on hold this summer, despite UK inflation reaching target. This decision may impact expectations of US rate cuts, as the macro outlook for the two countries differs. Federal Reserve Governor remains cautiously optimistic about inflation, while Bank of England official believes labor market tightness could lead to wage increases and potential inflation. Money markets currently price in a 65% chance of an interest rate cut in August. #BankofEngland #interestrates #inflation #FederalReserve...

#newstr #BankOfEngland #InterestRates #UsRateCut #Inflation #FederalReserve #UkEconomy 

 https://here.news/story/79a8b667?ver=0.33