| Delayed 01:47:00 16/07/2024 pm IST | 5-day change | 1st Jan Change | ||
| 0.7711 GBX | +0.01% |
|
-1.38% | -1.85% |
| 02:01am | DIARY-Top Economic Events to September 30 | RE |
| 15/07 | Mosman Oil and Gas Limited Announces Production Results for the Three Months and Year Ended June 30, 2024 | CI |
LONDON (Reuters) - Investors pared back expectations for Bank of England interest rate cuts over the coming year after data on Wednesday showed an unexpected rise in Britain's rate of consumer price inflation.
Interest rate swaps showed 15 basis points of BoE rate cuts priced in by May in early trade on Wednesday, compared with 21 basis points on Tuesday.
For the end of 2024, 114 bps of BoE rate cuts are now priced in, compared with 122 bps on Tuesday.
(Reporting by Andy Bruce; editing by David Milliken)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 0.8403 GBX | +0.01% | -0.63% | - | ||
| 0.7711 GBX | +0.01% | -1.38% | - | ||
| 0.5634 GBX | -0.07% | -1.78% | - | ||
| 0.5194 GBX | -0.37% | -1.46% | - | ||
| 0.009225 GBX | -0.05% | -2.13% | - | ||
