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Australia's Jobless People Grow Less Than Expected Amid Employment Rebound
Citi Lowers U.K. 2026 GDP Growth Forecast to 0.7% -- Market Talk
The Bank of England may ignore the recent rise in inflation and accelerate interest rate cuts.
On April 17, Glonghui reported that Citigroup stated that due to the weak labor market in the United Kingdom and economic uncertainty caused by tariffs in the USA, the Bank of England may ignore higher inflation in the short term and accelerate the pace of interest rate cuts. Citigroup expects UK government bond yields to decline in the medium term, with the 10-year UK government bond yield dropping to 4% by the fourth quarter of 2025.
BOE Could Overlook Higher Near-Term Inflation, Accelerate Rate Cuts -- Market Talk
Sterling Lifted by Weak Dollar, U.K. Data -- Market Talk
Gilt Yields Edge Higher, Reversing Wednesday's Declines; ECB Decision Awaited -- Market Talk