Disliked{quote} Hi Bro, Yes, I think BoE may want to go for cutting rates in August. The Pound is getting stronger because UK Retail Sales in May grew more than expected. Retail Sales show strong demand despite high interest rates, which could push prices up and worry the BoE. The BoE kept interest rates at 5.25% with a 7-2 vote. They said inflation could reach their 2% target in three years but noted high price pressures in services. Markets expect rate cuts in August, possibly after elections where the Conservatives trail Labour by about 20 points, according...Ignored
People don't plan to lose. They lose because they don't plan.