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BofA Global research on Thursday viewed the Bank of England’s latest decision as having dovish undertones, citing the cautious 6-3 vote split and gradual guidance, which signal the likelihood of rate...
Investing.com -- The sterling trimmed its gains against the dollar and fell against the euro after the Bank of England (BOE) decided to keep its bank rate steady at 4.75%. This move was anticipated,...
The Bank of England (BoE) announced a reduction in the Bank Rate to 4.75%, marking the second cut in its current easing cycle. This move comes as a cautious approach to the rate path, especially...
Investing.com -- The Bank of England (BOE) concluded its final meeting of the year on Thursday, deciding to keep interest rates steady, following an eight-month high in U.K. inflation. The decision...
Investing.com - The US dollar slipped slightly Thursday, but remained near two-year highs after the Federal Reserve signalled a slower pace of rate cuts in 2025, while sterling bounced ahead of the...
In the United Kingdom (TADAWUL:4280), the average weekly earnings data for October showed a significant increase, surpassing expectations. The regular whole economy Average Weekly Earnings (AWE)...
Today, Goldman Sachs provided a preview of the upcoming UK labor market data for October and inflation figures for November. The financial institution anticipates the unemployment rate to remain...
The United Kingdom (TADAWUL:4280)'s economy experienced an unexpected contraction in October, with Gross Domestic Product (GDP) decreasing by 0.1% from the previous month. This decline was...
Bank of England Governor Andrew Bailey has indicated that a series of gradual interest rate cuts is likely to occur over the coming year, asserting that the decline in inflation is solidly taking...
Investing.com -- Deutsche Bank (ETR:DBKGn) has revised its projections for the UK economy, signaling a slower growth trajectory in 2025. In a note released Tuesday, the bank predicts GDP growth of...
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