Traders Bet on Rate Cuts
This is a U.K news story, published by CNBC, that relates primarily to Nicholas Found news.
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interest rate cutsCNBC
•Traders bet on more Bank of England rate cuts in 2025 after data shocks
86% Informative
Sales volumes fell 0.3% month-on-month in December , the Office for National Statistics said Friday , versus the 0.4% increase forecast in a Reuters poll of economists.
"Cautious spending" dominated during the holiday period, said Nicholas Found , head of commercial content at consultancy Retail Economics .
The disappointing retail data adds to the dim economic picture in the U.K ..
VR Score
94
Informative language
97
Neutral language
69
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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