Cross current for GBP - slower pace of rate cuts vs. wobbly confidence on fiscal ...Middle East

MUFG note conflicting influences on GBP:slower pace of interest-rate cuts by the Bank of England should support, by keeping rates higher for longer relative to other major economiesBut:loss of investor confidence in the Labour government’s fiscal consolidation plan could pose a downward risk (via via any ongoing selloff in gilts)Bank of England due 7 November 2024 at 0700 US Eastern time:This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median e

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