Skip to content Skip to sidebar Skip to footer

Bank of England Cuts Interest Rates to 5%

The Bank of England cut interest rates by 0.25% to 5% with a narrow 5-4 vote, as inflation met the 2% target. This decision caused the British pound to weaken and led to a slight rebound in UK equities. The Bank of England cut interest rates at its August meeting for the first time since…

ByPexecoAugust 1, 20240Comments

Finance News

UK General Elections: How Will the Pound React?

The UK’s general elections are on July 4, and all analysts and market participants expect Sir Keir Starmer, the leader of the Labour party, to win a landslide victory. Criticized by those on the right for doing whatever it takes to be in power and those on the left for not being bold enough to change…

ByPexecoJuly 4, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Bank of England Cuts Interest Rates to 5%

UK General Elections: How Will the Pound React?