lloydsbank
Lloyds (LON: LLOY) share price has pulled back in the past few weeks as the focus shifts to the upcoming Bank of England (BoE) decision. After peaking at 57.36p in May, the stock has crashed by over 4% from its highest point this year. Bank of England’s decisionLloyds Bank and other British banks have retreated recently as investors wait for Thursday’s Bank of England decision. Economists expect the bank to leave interest rates unchanged at 5.25% even after the encouraging UK inflation data. According to the Office of National Statistics (ONS), the headline Consumer Price Index (CPI) dropped f...
Invezz
Lloyds Bank (LON: LLOY) share price continued its remarkable comeback this week after the latest UK inflation numbers dampened hopes of rate cuts. It is in its third consecutive week of gains and is hovering at its highest level since December 2019. It has surged by more than 184% from its lowest point in 2020. Bank of England rate hikesLloyds and other British banks reacted positively to the latest UK inflation numbers. According to the Office of National Statistics (ONS), the headline Consumer Price Index (CPI) slipped from 3.2% in March to 2.3% in April. Core CPI, which excludes the volatil...
Invezz
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