UK GDP: Disappointing and Services Inflation Next Week Remains Key
UK GDP: Disappointing and Services Inflation Next Week Remains Key After a post-election lull, the Bank of England’s recent 25 bps rate cut to 4.75% underscores its “gradual approach” to easing, aiming to balance persistent inflation with slowing growth. The cut, decided with an 8-1 vote on November 7, reflects the BoE’s cautious but forward-looking … Read more