News that recession was short and shallow will have pleased the bulls, but the Bank of England looks ready to cut rates next month if the data let it
Source
British Pound Weekly Forecast: Caught Between Stronger Growth, Dovish BoE
access_timeNovember 17, 2024
Latest:
- Newsquawk Week Ahead: UK data; RBA Minutes; Japanese CPI
- Fed’s Goolsbee says rates will be a lot lower “as long we keep making progress toward” 2%
- Bitcoin perks up to finish the week strong
- Fed’s Barkin: I always have expected core PCE to stay in the “high twos”
- Fed’s Goolsbee says personally comfortable not ‘charging’ towards neutral
- No comments on monetary policy from the Fed’s Williams
- BOC senior loan officer survey: 1.71% vs 6.85% prior
- Fed’s Collins: Won’t take a December easing off the table, doesn’t see big urgency
- ECB’s Cipollone: We can and should reduce the level of monetary policy restriction
- USD/CAD continues to break out
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