Bank of England Urged to Cut Interest Rates as Recession Looms on Nostr: UK Economy Undergoing Reset, Interest Rate Cut Expected in August or September ...
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
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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