Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call
Publishing timestamp: 2024-04-18 04:13:57
Summary
Morgan Stanley predicts that the Bank of England will cut interest rates in May, going against the current market consensus. The U.K. inflation is falling, but global disinflation concerns remain. The ECB and Fed are also expected to cut rates multiple times this year.
Sentiment: MIXED
Tickers: MS,
Keywords: central banking, business news, morgan stanley,
Source: https://www.cnbc.com/2024/04/18/bank-of-england-to-cut-rates-in-may-morgan-stanley-says.html