Markets now expecting 100 basis points of U.K. interest rate cuts next year, as economy slows unexpectedly
Fresh data showing a U.K. growth slowdown has money markets pricing in 100 basis points of cuts next year.
Source: marketwatch.com
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Fresh data showing a U.K. growth slowdown has money markets pricing in 100 basis points of cuts next year.
Construction spending rose in October for the 10th month in a row, largely because of work on commercial buildings and government-funded public projects.
Construction spending rose 0.4% in September, the Commerce Department reported Wednesday.
Surveys of factory orders and construction activity renew concerns about the country’s growth
Construction spending rose 0.5% in August, the Commerce Department reported Monday.