Sterling Surges on Strong PMI Data, BoE Likely to Hold Off on Rate Cuts Amid Resilient Growth
Sterling surged broadly today, driven by stronger-than-expected PMI data indicating that the UK economy is on track for reasonably solid growth in the third quarter. This positive economic outlook comes at a time when inflationary pressures are easing, which would typically open the door for further rate cuts by BoE. However, the robust performance of […] The post Sterling Surges on Strong PMI Data, BoE Likely to Hold Off on Rate Cuts Amid Resilient Growth appeared first on Action Forex.
theinvestingforex 
Sterling surged broadly today, driven by stronger-than-expected PMI data indicating that the UK economy is on track for reasonably solid growth in the third quarter. This positive economic outlook comes at a time when inflationary pressures are easing, which would typically open the door for further rate cuts by BoE. However, the robust performance of […]
The post Sterling Surges on Strong PMI Data, BoE Likely to Hold Off on Rate Cuts Amid Resilient Growth appeared first on Action Forex.
