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09:20
Deutsche Bank: Bank of England's March rate cut may be affected by energy prices
Deutsche Bank analyst Sanjay Raja pointed out in his report that if energy prices remain at current levels, the Bank of England's pace of rate cuts in March may slow down, and policymakers need to consider the impact of rising energy prices on inflation expectations. The next rate cut to 3.5% may be postponed to the second quarter of this year, and the final rate cut may be delayed until the fourth quarter. If energy prices rise to $100 per barrel, the next rate cut may be postponed to the second half of 2026, and the terminal rate may rise to 3.5%. If commodity prices fall back, the Bank of England may maintain Deutsche Bank's baseline expectations, achieving a terminal rate of 3.25% through two rate cuts.
09:19
US Stock Movement | Toyota Motor drops 5.4% pre-market, officially announces a 9.6% price increase for the privatization of Toyota Industries
格隆汇 March 3|A certain exchange (TM.US) fell 5.4% in pre-market trading, quoted at $230.5. According to reports, the exchange has reached a milestone agreement with activist investor Elliott Investment Management to privatize Toyota Industries, paving the way for the largest acquisition in Japanese corporate history. It is reported that the exchange and its affiliated companies are currently willing to acquire Toyota Industries shares they do not yet hold at 20,600 yen per share, and the tender offer deadline has been extended to March 16. The new offer values the target company at 6.7 trillion yen (approximately $42.8 billions), which is 9.6% higher than the previous offer.
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