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0 -0.000817307692307632 0.00177884615384618 4.8076923077016E-05 4.8076923077016E-05 4.8076923077016E-05 4.8076923077016E-05 4.8076923077016E-05
Stock impact report

BOE Set to Refrain From Second Straight Rate Cut: Decision Guide [BNN Bloomberg (Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: BNN Bloomberg
Economists and investors expect the Monetary Policy Committee to keep its benchmark rate at 5% after last month voting for the first reduction in over four years. The decision is due to be announced at 12 p.m. London time on Thursday, a day after the Federal Reserve lowered its benchmark interest rate by a half percentage point. Governor Andrew Bailey may provide investors more hints that the central bank will cut rates again in November. However, he is likely to resist explicitly endorsing the views of financial markets, which have grown more certain that policymakers will move to a quicker pace of easing. Vote Split After last month's tight 5-4 vote to lower rates from a 16-year high, most economists expect the MPC to revert to a 7-2 split in favor of keeping policy on hold. Gauges of underlying inflation such as services prices remain higher than the BOE would like. If there are dissenting voices still pushing for a further reduction in borrowing costs, they are most likel Show less Read more
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