| Delayed 05:21:18 06/07/2024 BST | 5-day change | 1st Jan Change | ||
| 0.7808 GBX | +0.03% |
|
-1.24% | -0.61% |
| 07-05 | Currencies: NFP has little impact on the $, the £ rebounds with Starmer | CF |
| 07-05 | Twitchy, Truss-scarred UK bond market awaits a Labour government | RE |
Jan 18 (Reuters) - J.P.Morgan said on Thursday it expects the Bank of England to start cutting interest rates in August 2024, citing a possible easing in inflation and optimism about a soft landing.
J.P.Morgan now expects a 75-basis point rate cut by end 2024, taking the brokerage's policy rate forecast to 4.5%. (Reporting by Priyadarshini Basu in Bengaluru)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 0.8457 GBX | -0.21% | -0.20% | - | ||
| 0.7808 GBX | +0.03% | -1.24% | - | ||
| 0.5724 GBX | +0.04% | -1.02% | - | ||
| 0.5264 GBX | +0.04% | -0.06% | - | ||
| 0.009352 GBX | -0.43% | -1.05% | - | ||
