Economists: The recent rise of the pound has rationality.

Jin10 data reported on May 27th that Ebury economist Enrique pointed out in a report that, given the gradual rate cut path of the Central Bank of the UK, the recent rise of the British Pound is reasonable. He stated that last week's UK inflation data exceeded expectations, confirming the necessity for the Central Bank of the UK to maintain a cautious stance on rate cuts. The UK's relative immunity from US tariffs, the improving relationship with the EU, and the robust demand of the UK economy also provide support for the appreciation of the British Pound.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)