The Bank of England will raise borrowing costs 50 basis points higher than was thought only two weeks ago, in two quarter-point moves, as elevated inflation proves tricker to bring down than had been expected, according to economists polled by Reuters.
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=GBBOEI%3DECI
BoE poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=GBGDPQP
economic poll data
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Bank of England to press on with rate hikes, peak at 5.00% in Q3 | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
South Africa's rand to only recoup half of 2023 losses due to electricity shortages hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
JOHANNESBURG, June 8 (Reuters) – South Africa’s rand is likely to recoup only half of its over 10% losses made against the dollar so far this year in 12 months as electricity shortages weigh heavily on its potential to make sustainable gains, a Reuters poll found on Thursday. The rand strengthened below 19 to the U.S. dollar […]