Bank of England Policy Today: Rates Expected to Stay at 5.25%, Analysts Predict Rate Cut in August
Zee Business Video Team | Updated: June 20, 2024 10:54 AM IST
There was a holiday in American markets yesterday. Awaiting decision on loan prime rate in China. Mixed business in Europe. May CPI in UK is estimated at 2%. Today the policy of Bank of England. Interest rates are expected to remain stable at 5.25%, most experts are predicting a rate cut in the August policy. Dollar index remains weak, below 105... Weak trading in gold and silver, Brent crude sluggish near $85.
