Sector Review

Sector movers. Shares buoyed by speculation around June Bank Rate cut

By Alexander Bueso

Date: Tuesday 14 May 2024

(Sharecast News) - Interest rate sensitive areas of the market fared best on Tuesday as softer jobs data and comments from the Bank of England's chief economist led some economists to reiterate their forecasts for a June rate cut.
According to the Office for National Statistics, employment shrank by 178,000 over...

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