Pound shrugs as construction PMI jumps
The British pound is slightly lower on Tuesday. GBP/USD is down 0.21%, trading at 1.2535 in the European session at the time of writing. The UK construction
Source: marketpulse.com
K Inflation News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from K Inflation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In K Inflation Today - Breaking & Trending Today
UK economy entered shallow recession in 2023: Govt data
Gross domestic product shrank by 0.1% in the third quarter and by 0.3% in the fourth quarter, unchanged from preliminary estimates, the Office for National Statistics said on Thursday.
Source: indianexpress.com
GBP/USD yawns as UK shop inflation declines
UK shop inflation falls to 2.5% The British pound is drifting on Tuesday. In the European session, GBP/USD is trading at 1.2683, down 0.03%. Shop price, f
Source: marketpulse.com
BOE Policymaker Greene Signals She Is Not Ready to Back Rate Cuts Yet
(Bloomberg) -- Bank of England policymaker Megan Greene said she needs more evidence that UK inflation is becoming less entrenched before she can back interest-rate cuts.Most Read from BloombergNvidia Surges After Company Proclaims AI Has Hit 'Tipping Point'Biden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Gone Within a DecadeWhy Are There Suddenly So Many Car Washes?Speaking on Thursday, Greene said
Source: yahoo.com
BoE Chief Bailey Says Rate Cut Expectations Not Unreasonable
Bank of England Governor Andrew Bailey said it is not unreasonable for the markets to expect interest rate cuts this year. The BoE does not endorse the market curve, Bailey told lawmakers on the Treasury Select Committee.
Source: rttnews.com