A November cut already looked “nailed on before today’s release”, said Paul Dales at Capital Economics. “The chances of that being immediately followed by another quarter-point cut at the following meeting in December has just gone up,” he added.
A November cut already looked “nailed on before today’s release”, said Paul Dales at Capital Economics. “The chances of that being immediately followed by another quarter-point cut at the following meeting in December has just gone up,” he added.