The Bank of England is anticipated to implement a rate reduction
before the Federal Reserve does, yet traders are divided between whether this
will occur in June or August. James Smith, an economist at ING Financial
Markets, suggests that the focus on services inflation could sway the decision
towards August, particularly if services inflation proves to be less responsive
to change.
Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.