Bank of England's Rate-Cut Plan to Differ from the Federal Reserve's
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#722a72e6 ver:0.08

Bank of England's rate-cut plan uncertain as economists debate potential August cut. Financial markets predict a rate reduction, but some committee members worry about inflation and impact on businesses. Flash PMI data, Nike and FedEx earnings, Japan's trade balance, and Australia's unemployment rate also in focus. UK's economic performance for Q1 2024 expected with 0.4% growth, while OECD downgrades UK's growth forecast for 2025. Federal Reserve unlikely to cut rates soon. Governor Bailey cites "strong evidence" of UK economic recovery. #BankofEngland #interestrates #economy...

#newstr #BankOfEngland #InterestRates #RateCut #UkEconomy #Inflation 

 https://here.news/story/722a72e6?ver=0.08