• 09/21/2024

BOE Likely to Slow Pace of Rate Increases in August

Wall Street Journal

The Bank of England is likely to slow the pace of interest-rate rises at its next meeting on August 3 to 25 basis points from 50 basis points previously as recent U.K. economic data has been less strong than data released before the June meeting, Bank of America analysts write in a note

https://www.wsj.com/articles/boe-likely-to-slow-pace-of-rate-increases-in-august-41b4f164