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Big US interest rate cut in the balance, with UK set to hold

Sky News Monday, 16 September 2024
Big US interest rate cut in the balance, with UK set to holdFinancial market participants are increasingly of the opinion the US central bank will impose a bigger than expected interest rate cut this week, with the Bank of England holding off on a fresh reduction.
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Bank of England Bank of England Central bank of the United Kingdom

UK budget dims prospect of aggressive rate cuts, say economists

 Hopes for consecutive interest rate cuts by the Bank of England over the next two months have been dampened by the UK government's recent budget, economists have..
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Bailey optimistic Bank of England can cut rates further [Video]

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Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:28Published

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