BOE’s Bailey Signals Expectation of 4 Rate Cuts Next Year

Sterling briefly dipped against the dollar on Wednesday after Bank of England Governor Andrew Bailey said gradual cuts in ...
In an interview with the Financial Times, Bailey also said that there is growing uncertainty about the outlook for the U.K.
The Pound Sterling experiences a whipsaw move after BoE Governor Bailey predicted four interest-rate cuts in 2025 as he expects the disinflation process to be embedded. Traders expect the BoE to ...
Britain's FTSE 100 fell on Wednesday, ending a five-day winning streak, dragged by a decline in AstraZeneca, while investors ...
Bank of England rate-setter Megan Greene warned that it will take time for UK consumer spending to recover, as many mortgage ...
More than half of British businesses expect to put up prices and cut jobs to cope with the costs of Rachel Reeves’s National ...