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post: BOE’S GREENE: I DON'T THINK A RATE CUT IS IMMINENT. post: BOE’S GREENE: RATES ARE IN “RESTRICTIVE TERRITORY" FOR “A WHILE". post: BOE’S GREENE: STRONG DOLLAR HAS IMPLICATIONS FOR THE UK ECONOMY. post: BOE’S GREENE: THE UK WILL IMPORT INFLATION VIA A STRONGER DOLLAR. post: MORE BOE'S GREENE: CUTTING RATES TOO QUICKLY RISKS 'HAVING TO HIKE RATES HIGHER IN THE END AND YOU COULD END UP WITH A BIGGER RECESSION' #bankofengland #monetarypolicy #boe #megangreene #interestrates #inflation #ukeconomy
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WTI oil futures tumbled by 2.8% to 82.84 on Wednesday, experiencing one of their biggest daily losses so far this year after a short-period of consolidation. The price slid below the key support of 84.14 and the 20-day exponential moving average (EMA), dissolving a descending triangle to the downside. This is usually a bearish chart pattern, indicating a ...