$GBINTR -B.o.E Cuts Rates

GBINTR
(November/2024)
source: Bank of England



-The Bank of England lowered its key interest rate by 25 bps to 4.75%, in line with expectations, following a hold in September and a quarter-point cut in August.
The U.S Fed USINTR is also expected to cut rates by 25bps today, following a larger 50bps reduction in September.
Traders are keen for signals on future policy, particularly after Trump’s re-election.