| Delayed 13:00:00 2024-07-16 EDT | 5-day change | 1st Jan Change | ||
| 0.7719 GBX | +0.11% |
|
-1.28% | -1.74% |
| 02:01am | DIARY-Top Economic Events to September 30 | RE |
| 07-15 | Mosman Oil and Gas Limited Announces Production Results for the Three Months and Year Ended June 30, 2024 | CI |
(Reuters) - J.P.Morgan said it now expects the Bank of England (BoE) to deliver 50 basis points of interest rate cuts in the fourth quarter of 2024, compared to an earlier expectation of a pause at current levels throughout 2024.
"The current pace of loosening in the labour market suggests there is a risk the BoE could ease a little earlier. But we expect the bulk of monetary policy normalization to occur in 2025", Allan Monks, JPM economist, said in note dated Tuesday.
(Reporting by Priyadarshini Basu; Editing by Nivedita Bhattacharjee)
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 0.8406 GBX | +0.03% | -0.59% | - | ||
| 0.7719 GBX | +0.11% | -1.28% | - | ||
| 0.5642 GBX | +0.07% | -1.64% | - | ||
| 0.5191 GBX | -0.43% | -1.52% | - | ||
| 0.009244 GBX | +0.15% | -2.13% | - | ||
