Daily Briefing: Brexit fug to deter BoE hike again

📆 5/2/2019 12:00 PM
📰 Reuters

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Daily Briefing: - Bank of England looks set to keep rates steady despite Brexit delay - Hungary's Prime Minister Orban says EU conservatives must work with populists - U.S. Fed holds rates steady, signalling little appetite to adjust them any time soon

LONDON - Despite a UK economy that by the usual benchmarks is relatively healthy, the Bank of England is again expected totoday because of the cloud of uncertainty surrounding Brexit and Theresa May's shaky government.

Speaking to an Italian newspaper, Orban also lavished praise on Matteo Salvini, the head of Italy’s far-right League, who is trying to put together a Europe-wide alliance of nationalist, anti-immigration parties. Paris and Berlin have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA, German subsidiary Opel and French battery maker Saft.

The day's numbers are displayed above the floor of the New York Stock Exchange shortly after the closing bell in New York, May 1, 2019

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Daily Briefing: Big questions for Spain; answers elusiveDaily Briefing: - A look ahead at Spain’s tightly contested national elections on Sunday - Macron sets out tax cut plans and promises further reforms - All eyes on dollar ahead of U.S. GDP figures I swear Spain has an election every year. Always seem to have coaltion in government.
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