Bank of England expected to cut UK interest rates today as trade war threatens economy – business live
Rolling coverage of the latest economic and financial newsFederal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategyTrump expected to announce framework of UK trade agreement, sources sayHopes that the US and UK have agreed the framework of a trade agreement have given the pound a small lift, and could push shares higher in London today too.Sterling jumped as much as half a cent in early trading, to as high as $1.3356, before slipping back to around $1.332.“Big news conference tomorrow morning at 10:00am, the Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!” Continue reading...
Rolling coverage of the latest economic and financial news
- Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy
- Trump expected to announce framework of UK trade agreement, sources say
Hopes that the US and UK have agreed the framework of a trade agreement have given the pound a small lift, and could push shares higher in London today too.
Sterling jumped as much as half a cent in early trading, to as high as $1.3356, before slipping back to around $1.332.
“Big news conference tomorrow morning at 10:00am, the Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!” Continue reading...
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