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Sterling Could Fall if BOE Can t Meet Rate Rise Bets
0941 GMT - Sterling could fall modestly as the Bank of England s policy statement Thursday may struggle to meet market expectations for a further 125-150 basis points of interest rate rises, MUFG. ....
Bank of England Set for 25Bp Rate Hike, But Economic Data Warrants Higher
1028 GMT - Recent U.K. inflation and labor market data indicate persistent inflationary pressures, warranting a 50 basis-point interest rate increase from the Bank of England. ....
The FTSE 100 Index closed Monday down 0.7% to 7588 points amid profit-taking and an absence of volumes due to the U.S. holiday. AstraZeneca closed down 1.2%, dragging the index, on reports that it. | June 19, 2023 ....