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EBC Markets Briefing | Sterling falls as traders ramp up cut bets
Sterling kept falling on Wednesday as the BOE is likely to keep interest rates unchanged and signal growing confidence that inflation is heading in the right direction at the meeting tomorrow. Traders price in 53 bps of easing this year, implying at least two quarter-point cuts. Only one had been pr
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EBC Markets Briefing | Sterling falls as traders ramp up cut bets
Sterling kept falling on Wednesday as the BOE is likely to keep interest rates unchanged and signal growing confidence that inflation is heading in the right direction at the meeting tomorrow. Traders price in 53 bps of easing this year, implying at least two quarter-point cuts. Only one had been pr
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