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Home > Latest

UK second quarter GDP growth exceeds expectations, traders lower expectations of interest rate cuts for the year.

date
14/08/2025
The performance of the UK economy in the second quarter has been better than expected, bringing some relief to Chancellor Rishi Sunak, but also raising the threshold for further interest rate cuts by the Bank of England. Traders no longer believe that there will be further interest rate cuts this year and expect borrowing costs to remain stable at 3.5% next year.
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State-owned enterprises of Central Original Interior Design (002448.SZ) have obtained a designated international customer with an expected total sales amount of approximately 490 million yuan.
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Governor of the Central Bank of Turkey: So far, all temporary targets have been mere predictions, but due to the high uncertainty of inflation, this has made communication of monetary policy challenging.
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The parent company of CoinDesk, Bullish, saw its US stock rise more than 9% in pre-market trading, after closing up 84% yesterday.
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