Jun 19, 07:04 AM

Investors and Traders React to Bank of England's Rate Cut Expectations Amid Inflation Data

Investors and traders are adjusting their expectations for rate cuts by central banks, particularly the Bank of England, based on recent inflation data. While overall CPI rates have reached 2%, services inflation remains high, leading to reduced probabilities of rate cuts in the near term. Market expectations vary for rate cuts in August, September, and beyond, with some uncertainty surrounding the timing and extent of potential cuts.

#Bank of England

Written with ChatGPT (GPT-3).

Sources

Bloomberg Asia@BloombergAsia
2 years ago
Traders pared bets that the Bank of England will ease monetary policy in the coming months after data showed services sector inflation remained higher than expected in May https://t.co/J4rCzTg47T
Pete Wargent@PeteWargent
2 years ago
UK inflation 2pc, services inflation still sticking around
ING Economics@ING_Economics
2 years ago
UK services inflation has once again come in higher than expected. But some of this is down to noise and we’re still looking for a first rate cut in August https://t.co/sLzr1SfEMh

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Investors and Traders React to Bank of England's Rate Cut Expectations Amid Inflation Data

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