UK interest rate expectations rise after inflation data
We're seeing very mixed trade on Thursday, with the Nasdaq making strong gains of more than 1.5%, the Dow and S&P treading water, and Europe mostly in the red.
Once more there's a heavy focus on central banks and whether investors have been too optimistic about when and where the peak in interest rates will come, and by extension how soon after they'll fall.
UK inflation data on Wednesday was very disappointing, despite finally falling bac
25-05-2023 11:32 GMT
by Craig Erlam