{
April Roach

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european markets poised for decline as uk gdp shows modest growth

European markets are poised to open lower as investors digest U.S. Federal Reserve Chair Jerome Powell's hawkish remarks and await new U.K. GDP data, which showed a 0.1% growth in Q3, below expectations. The U.K. inflation rate fell to 1.7%, enabling a recent interest rate cut by the Bank of England. Meanwhile, Labour's Finance Minister announced reforms aimed at stimulating growth, with warnings of potential tax increases if progress is not made.
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British Pound Sterling Burberry Group plc Experian plc Aegon Ltd. DEU GBR KOR FRA USA ITA James Smith George Bull Jerome Powell Rachel Reeves April Roach Show more
Finance & Economy, Market Report
08:00 15.11.2024
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