Sterling rebounds on bets for tighter Bank of England policy
The pound rose against the dollar and euro as investors priced in a higher chance of a November BoE rate hike. Bailey and Ramsden flagged rising inflation risks from high energy prices.
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BoE’s Ramsden: I Don’t Foresee That We Will Be Considering Further QE Any Time Soon
However, We Have To Recognise That The External Environment Can Change Very Rapidly - The Inflation Pressures I Will Continue To Focus On Are External Pressures From Energy Prices, Weather, Ai Supply Chain - Domestically, I Will Be Focused On The Outlook For Indirect Effects, Particularly In Food Prices, And Any Early
MORE BOE'S RAMSDEN: THERE COULD BE A CASE FOR INCREASING BANK RATE WERE UPSIDE PRESSURES ON THE INFLATION OUTLOOK CONTINUE TO BUILD
MORE BOE'S RAMSDEN: THERE COULD BE A CASE FOR INCREASING BANK RATE WERE UPSIDE PRESSURES ON THE INFLATION OUTLOOK CONTINUE TO BUILD
MNI US OPEN - Trump Hails "Very Good" Talks With Iran's Envoys
EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40