All eyes on wage growth for 2024: Investors react to split vote and ‘hawkish tone’ from the Bank of England
Markets are still expecting the Bank to strike a more dovish tone in 2024
Markets are still expecting the Bank to strike a more dovish tone in 2024
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Markets are pricing in multiple rate cuts in 2024
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Chair Jerome Powell’s commentary was where interest lay
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The pace of US consumer spending may cease to continue over the medium-to-long term
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Jerome Powell indicated another hike this year is on the cards
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Fed chair said the central bank is ‘prepared to raise rates further if appropriate’
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US base rate up to a target range of 5.25% to 5.5%
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