Late Start to BOE Rate Cuts Should Support Pound
May 07, 2024
The Bank of England’s first interest-rate cut is unlikely to happen till late summer at the earliest, according to market pricing, and any validation of this outlook from BOE officials would add fuel to the pound’s rally, Ebury said.
https://www.wsj.com/articles/jpy-weakens-slightly-amid-risk-on-sentiment-bd852407
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