• 11/25/2024

Consumer Confidence So Far Not Helped by BOE Rate Cut

Wall Street Journal

Consumers in the U.K. seemed to have anticipated the Bank of England’s interest-rate cut, with the latest GfK consumer confidence index unchanged in August after improving by one point in July, Elliott Jordan-Doak, senior U.K. economist at Capital Economics, writes in a report.

https://www.wsj.com/articles/consumer-confidence-so-far-not-helped-by-boe-rate-cut-e0ceec96