Page 18 - Boe Int News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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The brokerage now expects a 75-basis point rate cut by end 2024, taking J.P.Morgan's policy rate forecast to 4.5%, while the central bank's current benchmark rate stands at 5.25%. J.P.Morgan had earlier estimated BoE to start cutting rates only in November. The easing in consumer prices had led many economists to predict that it would be back at the BoE's 2% target by April or May this year, around 18 months sooner than the BoE was predicting. ....
Shares of The Boeing Company (LON:BOE – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 220.81 ($2.81) and traded as high as GBX 223.12 ($2.84). Boeing shares last traded at GBX 220 ($2.80), with a volume of 7,469 shares. Boeing […] ....
Core inflation - which excludes volatile food, energy, alcohol and tobacco prices - was unchanged 5.1% in December, in contrast to economists expectations for a drop to 4.9%, and the first month since July that it has not fallen. ....