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StanChart, Morgan Stanley push BoE rate cut calls to second quarter on Mideast conflict
Summary by WTVB
1 Articles
1 Articles
StanChart, Morgan Stanley push BoE rate cut calls to second quarter on Mideast conflict
March 10 (Reuters) – Standard Chartered and Morgan Stanley now expect the Bank of England to cut interest rates in the second quarter, delaying earlier forecasts amid inflation risks from the Middle East conflict. Oil and gas prices have jumped about 50% and 90% since late February, according to StanChart estimates, raising inflation risks that could force central banks, including the BoE, to alter their easing path. Markets are now pricing a …
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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