ECB day to bring back-to-back cuts - London Business News | Londonlovesbusiness.comUK inflation figures show rapid disinflation, impacting the pound and encouraging potential rate cuts from the Bank of England.
FED's and BoE's divergent decisions add pressure to the USD - London Business News | Londonlovesbusiness.comThe U.S. dollar is under pressure due to divergent monetary policies between the Fed and the BoE, affecting GBP/USD exchange rates.
Market thoughts: Record highs once more - London Business News | Londonlovesbusiness.comMarkets closed at record highs as investors favored risk on sentiment following a 50bp cut from the FOMC.
UK CPI data is far from 'what Bank of England policymakers would've wanted to see' - London Business News | Londonlovesbusiness.comUK CPI data rose above expectations, indicating stickier price pressures, potentially impacting Bank of England's rate cut decision.
ECB day to bring back-to-back cuts - London Business News | Londonlovesbusiness.comUK inflation figures show rapid disinflation, impacting the pound and encouraging potential rate cuts from the Bank of England.
FED's and BoE's divergent decisions add pressure to the USD - London Business News | Londonlovesbusiness.comThe U.S. dollar is under pressure due to divergent monetary policies between the Fed and the BoE, affecting GBP/USD exchange rates.
Market thoughts: Record highs once more - London Business News | Londonlovesbusiness.comMarkets closed at record highs as investors favored risk on sentiment following a 50bp cut from the FOMC.
UK CPI data is far from 'what Bank of England policymakers would've wanted to see' - London Business News | Londonlovesbusiness.comUK CPI data rose above expectations, indicating stickier price pressures, potentially impacting Bank of England's rate cut decision.
Near-term balance of risks points towards further GBP upside - London Business News | Londonlovesbusiness.comThe GBP has potential to rise further despite a slight decline, aided by diverging monetary policies between the BoE and FOMC.
Pound hitting year high against USD could be positive for inflation - London Business News | Londonlovesbusiness.comThe Pound is currently strong against the US Dollar, influenced by potential US Federal Reserve rate cuts.