[Analyst: The UK's economic growth exceeding expectations reduces the possibility of a rate cut by the Central Bank] Jin10 Data, August 14 – After the release of data showing the UK's economic growth in the second quarter exceeded expectations, the exchange rate of the pound against the euro rose to a two-week high. Jonathon Marchant, a fund manager at an asset management company, stated in the report that from a monetary policy perspective, following the relatively narrow voting advantage (to cut rates) by the Bank of England in August, this strong GDP performance has reduced the likelihood of the Bank of England cutting rates in the coming months.


( comes from Jin10 data APP )
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