Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

Inflation is slowing down: the Bank of England is preparing to cut rates

January, 15 2025

December data on a slowdown in inflation in the UK led traders to predict a further reduction in interest rates by the Bank of England this year. This eased concerns about persistent price pressures that had previously undermined the position of British assets. The markets are now planning a 50 basis point rate cut (two 0.25% increments). This exceeds previous expectations of less than 40 basis points. As a result, British government bonds (Gilts) have strengthened against these forecasts. ... Read More

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