ECB left interest rates on hold<\/a> at 4% in a split vote, with some policymakers voting for an immediate cut.<\/p>\nThe central bank signaled to a June rate cut as inflation trends towards the 2% target.<\/p>\n
The pound is rising after a survey from the British Commercial Consortium showed that of of British firms still plan to raise prices, highlighting why the BoE is cautious about cutting rates too soon.<\/p>\n
BoE’s Megan Greene warns that persistent inflation could be more of a concern in the UK than the US,<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro exchange rate (GBP\/EUR) is rising towards \u20ac1.17. The euro is falling after the ECB left interest rates on hold at 4% in a split vote, with some policymakers voting for an immediate cut. The central bank signaled to a June rate cut as inflation trends towards the 2% target. The pound is […]<\/p>\n","protected":false},"author":163946598,"featured_media":4620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-117592","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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