JP Morgan revises UK growth
This is a UK news story, published by birminghampost, that relates primarily to Morgan news.
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GDP growthbirminghampost
•JP Morgan nudges up UK growth forecasts after latest GDP figures
85% Informative
JP Morgan has revised its growth forecasts for the UK economy in the third quarter of this year .
The investment bank now projects 0.4 per cent growth from July to September , a slight increase from an earlier forecast of 0.3 per cent .
The bank maintains an anticipation of continued strong growth in the forthcoming period.
The Bank of England reduced interest rates for the first time since the onset of the pandemic.
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