ECB to Move First on Rate Cuts, Then BOE_ BofA

Name: ECB to Move First on Rate Cuts, Then BOE_ BofA
Uploaded: 2024-03-26T11:25:00.238Z
Duration: 3 min 44 s
Channel: Finance Fortress
Description: It is unlikely that the Bank of England will announce rate cuts ahead of the European Central Bank and the Federal Reserve, according to Bank of America's Raulf Preusser. "We're not going to see that for some time because of the energy price cap effects that are currently bearing down hard on headline inflation," he tells Bloomberg Television.

Finance Fortress

Mar 26, 2024

It is unlikely that the Bank of England will announce rate cuts ahead of the European Central Bank and the Federal Reserve, according to Bank of America's Raulf Preusser. "We're not going to see that for some time because of the energy price cap effects that are currently bearing down hard on headline inflation," he tells Bloomberg Television.