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globalreutersMarch 21, 20241 Mins read
BOE’s Bailey: It’s reasonable that markets are pricing in rate cuts this year
globalreutersMarch 21, 20241 Mins read - It’s reasonable that markets are pricing in cuts given the inflation path
- Technical recession at the end of 2023 appears to be subsiding
- Very hopeful and encouraged by signs in the economy but need to see consistent progress towards hitting inflation target before rate cut
No big surprises here but today’s SNB decision shows rate cuts can come sooner than anticipated.
This article was written by Adam Button at www.forexlive.com.
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