BoEs

The Pound Sterling dips slightly below 1.2500 due to multiple headwinds. Investors expect UK interest rates to remain steady at 5.25% with less-hawkish BoE’s guidance on interest rates. Fed’s Kashkari supports…

The pound is trading near a six-month low reached earlier in October. UK  jobs data indicated a decrease in inflationary pressures. The Bank of England (BoE) will likely maintain its current rates next week. The GBP/USD…

Britain still faces the threat of ongoing inflationary pressure due to a tight labor market. Markets anticipate the BoE will increase rates to 4% at its next meeting. Markets currently forecast BoE rates to peak at 4.5% in…