inews on Nostr: nostr:note1vhtw6423wrc7s3yna3crvzpt45s7z5gh0uv5gkq0cy6q2x7gmppsl796uz

quoting note1vht…96uz

UK Economy Undergoing Reset, Interest Rate Cut Expected in August or September
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#79a8b667 ver:0.37

The UK economy is undergoing a reset, with an interest rate cut expected in August or September. Inflation has reached the Bank of England's target of 2%, lower than the US or the eurozone. Mortgage costs will be influenced by inflation, interest rates, and bond yields. Gilt yields have decreased, indicating confidence in Labour's financial policies. The housing market remains strong, but Labour's plans for increased construction could cap home prices. Overall, there's been a significant shift in perceptions about the UK economy. #UKeconomy #interestratecut #inflation...

#newstr #UkEconomy #InterestRates #Inflation #Mortgages #GovernmentBondYields #HousingMarket

https://here.news/story/79a8b667?ver=0.37