Financial firms pivot from cuts to “active hold” in latest BoE poll

Financial firms surveyed by the Bank of England ​last month did not expect ‌the central bank to raise interest rates this year, though they ​no longer expected rates to ​be cut, according to a ⁠poll released by the BoE. The BoE’s quarterly Market ​Participants Survey, conducted from April 15-17, showed a median expectation for Bank […]