On Tuesday, financial markets priced in a 100% chance of a Bank of England interest rate cut from 4.5% to 4.25% on 8 May. Earlier, London Stock Exchange Group data had shown an 82% likelihood of a ...

LSEG data early yesterday had shown an 82% likelihood of a reduction from 4.5% to 4.25% on 8 May. But the doubt disappeared shortly after remarks on inflation by a member of the rate-setting ...