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ING: UK Central Bank investigation could hit the pound

GoldenOctober2024

2024-09-05 07:30:52

On September 5th, Jin Shi data, analyst Turner of Holland International Group, said in a report that if the decision-making group of the Central Bank of the UK's investigation shows that both expected and realized wage rises continue to slow, the market may narrow the gap between the interest rate cuts of the Central Bank of the UK and the Fed. We believe that the Central Bank of the UK may adopt more accommodative policies, which may weaken the pound against the dollar. Pier, the chief economist of the Central Bank of the UK, will give a speech, and if he shows greater confidence in the decline of inflation, this may also hit the pound.

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