BOE Embraces Caution After Year That Failed to Deliver on Rates
The Bank of England entered the year with investors expecting six interest-rate cuts, a sudden easing that promised to breathe life into the UK economy. It will end 2024 holding borrowing costs a full percentage point higher than forecast 12 months ago.
(Bloomberg) — The Bank of England entered the year with investors expecting six interest-rate cuts, a sudden easing that promised to breathe life into the UK economy. It will end 2024 holding borrowing costs a full percentage point higher than forecast 12 months ago. Read More
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