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An FT commentary argues that sterling may enter an upward trend because UK real interest rates are turning positive as inflation falls. It expects the BoE to cut slowly in the second half of the year, which would keep real rates high.
A prolonged period of positive real rates would support sterling against the dollar. The commentary is an opinion piece and does not affect feed prices directly.
ubp.comPeter KinsellaApr 15, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
