Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 -0.0180288461538462
Stock impact report

Bank of England is set to cut interest rates despite potential new inflation worries [Yahoo! Finance Canada]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
However, economists warn that worries about the future path of prices following last week's tax-raising budget from the new Labour government and the economic impact of U.S. President-elect Donald Trump may limit the number of cuts next year. For now though, the Bank of England is widely expected to reduce its main interest rate by a quarter of a percentage point to 4.75%. In August, the bank's nine-member Monetary Policy Committee cut borrowing costs for the first time since the early days of the coronavirus pandemic in the spring of 2020. Central banks worldwide dramatically increased borrowing costs from near zero during the pandemic when prices started to shoot up, first as a result of supply chain issues built up and then because of Russia's full-scale invasion of Ukraine , which pushed up energy costs. As inflation rates have recently fallen from multi-decade highs, these central banks started cutting interest rates. Analysts said that policymakers are likely confident th Show less Read more
Impact Snapshot
Event Time:
ING
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ING alerts
Opt-in for
ING alerts

from News Quantified
Opt-in for
ING alerts

from News Quantified