Monday , 20 January 2025
Home Forex Bank of England delivers hawkish rate cut – Commerzbank
Forex

Bank of England delivers hawkish rate cut – Commerzbank

As expected, the Bank of England (BoE) yesterday cut interest rates by 25 basis points and lowered its inflation forecast for the fourth quarter, Commerzbank’s FX analyst Michael Pfister notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Five things we learned from Trump’s first hours in office

The first market move of Trump's second Presidency was: US dollar weakness.It...

Trump to pardon non-violent Jan 6 defendants, commute the rest – report

CNN, citing sources, reports that Trump will pardon those convicted of non-violent...

Treasury yields should slide following the early Trump comments

There has been considerable hand-wringing about Treasury yields in the run-up to...

Canadian Dollar lurches higher on easing market tensions

The Canadian Dollar (CAD) caught a rare boost on Monday, dragging USD/CAD...