United Kingdom CFTC GBP NC Net Positions declined to £35.2K from previous £53.2K
Source Fxstreet
Mar 29, 2024 19:32
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BoE's Pill: Time for cutting bank rate remains some way off"The combination of little news and the passage of time have brought a bank rate cut somewhat closer," Bank of England (BoE) Chief Economist Huw Pill said on Tuesday and added: "The lack of news gives me no reason to depart from my baseline that the time for cutting bank rate remained some way off." Key takeaways "Caution against expectations that the Bernanke report will lead to a rapid change in how UK monetary policy is presented." "How, when, I would vote for a bank rate
"The combination of little news and the passage of time have brought a bank rate cut somewhat closer," Bank of England (BoE) Chief Economist Huw Pill said on Tuesday and added: "The lack of news gives me no reason to depart from my baseline that the time for cutting bank rate remained some way off." Key takeaways "Caution against expectations that the Bernanke report will lead to a rapid change in how UK monetary policy is presented." "How, when, I would vote for a bank rate
Japan's Weighted Median Inflation Index, a key measure of the country’s trend inflation, rose at its slowest pace in 11 months to 1.3% in March, the latest data published by the Bank of Japan (BoJ) showed on Tuesday.