The markets are wrong. Bank of England interest rate cuts are on the way
Tuesday, 7 May 2024 () In a huge swing, markets are now only fully pricing in one rate cut by the Bank of England for 2024. But Chris Dorrell argues that, as things stand, more cuts are likely
President Joe Biden has two obstacles standing in the way of his reelection. His failure at the border, and the crippling inflation caused by his Bidenomics agenda. Inflation stood at 1.4% the month Biden took office and then skyrocketed to 9.1% in June 2022 before ebbing to 3% a year later. However,...
Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.
On the morning of May 15, both the S&P and the
Nasdaq hit all-time highs after new data suggested
inflation may be easing..
Credit: Wibbitz Top Stories Duration: 01:30Published
The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the..
Tuesday, 7 May 2024 ()
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