12 June: Market Remains Hopeful For Rate Cut Later This Year
The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a
ECB cuts interest rates across Europe chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Last week official figures showed that UK inflation dropped sharply in April to 2.3 per cent. In response, PM Rishi Sunak heralded brighter days ahead , saying inflation was back to normal .