GBPUSD Analysis Ahead of the Bank of England Decision – 9 May 2024
Overview:Sterling is trading cautiously against the U.S. dollar ahead of the Bank of England’s (BoE) policy meeting later today. Market sentiment expects the central bank to hold rates steady at 5.25% but signal when the first interest rate cut in four years may occur as inflation continues to fall. Key Market Expectations: Analyst Views:Jim Reid, […]