Investors cut bets on US and UK rate rises
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What happened
Financial Times reported that investors have reduced their expectations for interest rate hikes in the US and UK. This change is attributed to weaker economic data, which has outweighed a rally in oil prices. The report suggests that recent economic indicators have altered the outlook for monetary policy.
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Timeline
- Reported investors cut bets on US and UK rate risesFinancial Times
Sources
News
- Investors cut bets on US and UK rate risesFinancial Times