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NASDAQ:SEIC 5 February 2026

Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

The Bank of England is expected to keep its Bank Rate at 3.75% on Thursday, with inflation still at 3.4% and signs of stronger demand emerging. Sterling hit a five-month high against the euro, while the FTSE 100 reached a record 10,402.34 points. January’s UK services PMI rose to 54.0, but hiring fell as firms faced higher payroll costs. Markets now expect about 35 basis points of BoE rate cuts by year-end.
5 February 2026
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Stock Market Today

  • Macy's Shares Rally After Earnings Beat; General Mills and Weibo Decline
    March 19, 2026, 6:02 AM EDT. Macy's Inc. shares surged 4.7% following a fourth-quarter fiscal 2025 adjusted earnings of $1.67 per share, beating estimates of $1.53. Williams-Sonoma Inc. also posted a positive surprise, with adjusted earnings of $3.04 per share, topping expectations. In contrast, General Mills Inc. shares fell 3% after reporting adjusted earnings of $0.64 per share, missing the $0.74 estimate. Weibo Corp. shares dropped sharply by 10.7% after reporting earnings below expectations at $0.25 per share. These earnings reports influenced market movements, highlighting the varied performance across sectors.
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