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ForexLive European FX news wrap: BOE delivers 25 bps rate hike as expected

Headlines:BOE raises bank rate by 25 bps to 4.50%, as expectedWhat's the takeaway from the BOE decision?What now after the US CPI data yesterday?Yellen: US default would produce economic, financial 'catastrophe'ECB's Nagel reaffirms sticking to meeting-by-meeting approachECB's de Cos: We are now closer to the final cycle of rate hikesChina April M2 money supply +12.4% vs +12.5% y/y expectedMarkets:JPY leads, AUD lags on the dayEuropean equities mixed; S&P 500 futures down 0.1%US 10-year yields d... Read More

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Posted: May 11 2023, 11:29

Author Name: forexlive

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