Data last week showed UK core inflation softening a touch:UK July CPI +2.2% vs +2.3% y/y expectedTraders now see BOE decision in September to be a coin flipUBS on what they expect from the Bank of England ahead, in summary:the latest UK inflation print shows the rate is still near the BoE’s 2 per cent target. we expect another 25 bps cut in November with more to come in 2025UBS say that further rate cuts should be good for UK equities at the margin, should help boost equity valuations and earnings. UBS rate UK equities as "most preferred", citing:support from accelerating domestic growthUBS hold a positive view on oil and industrial metals prices, and relatively attractive valuations
Hence then, the article about ubs expect anther bank of england rate cut in november was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( UBS expect anther Bank of England rate cut in November )