Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years

cnbc.com/2024/05/10/uk-gdp-markets-reprice-bank-of-england-rate-cut-bets.html

Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank of England, in London, on May 9, 2024. The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession. (Photo by Yui Mok / POOL / AFP)…

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