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Traders have upped their bets on a rate cut by the Bank of England, favoring the first cut in June.

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2024-05-09 19:04:09
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Traders have upped their bets on a rate cut by the Bank of England, favoring the first cut in June.
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Bank of England: Inflation is expected to be 2.6% after one year (2.8% forecast in February), based on market rates and model projections. Inflation is expected to be 1.9% after two years (2.3% forecast in February). Inflation is expected to be 1.6% after three years (2.6% forecast in February...

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