UK stocks fall as BoE joins hold and higher for longer chorus

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Market News

Sept 21 - London stocks ended lower on Thursday but trimmed losses earlier in the day after the Bank of England held interest rates steady, indicating an end to its rate-hike cycle but signalled that rates will remain higher for longer.The Bank of England halted its long run of interest rate increases as the British economy slowed, but it said it was not taking a recent fall in inflation for granted.

"After the Fed alarmed markets yesterday with a hawkish pause in rates, the Bank of England today followed suit and didn't deliver a dovish hike...," said Charles Hepworth, Investment Director, GAM Investments. Among individual stocks, JD Sports Fashion jumped nearly 9.0% after the sportswear retailer forecast a higher annual profit.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 13. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

BOE Rate Hike Hangs in the Balance for Market After Inflation SlowsTraders slashed the odds of a Bank of England interest-rate increase drastically after data showed inflation unexpectedly slowed in the UK.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »

Stock futures step higher as markets wait for Fed: Stock market news todayWall Street stocks set up for a higher open as investors focus on what the Fed plans for the future.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Mill Market becomes Soo Market on Saturday morningOpening ceremony for new market beside the downtown plaza is set for this weekend; contrary to published report, city has yet to announce when neighbouring plaza will open
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »

Stocks end lower amid Fed meeting, Instacart IPO: Stock market news todayStocks fell on Tuesday as the Federal Reserve began its latest policy meeting.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

US futures step higher as markets wait for Fed: Stock market news todayWall Street stocks set up for a higher open as investors focus on what the Fed plans for the future.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stocks step higher as markets wait for Fed: Stock market news todayWall Street stocks set up for a higher open as investors focus on what the Fed plans for the future.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »