UK inflation drop leads to expectation of more Bank of England rate cuts By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
0mins
Source: Investing.com
Interest Rate Predictions: Following a decrease in UK inflation, traders anticipate interest rate cuts from the Bank of England, with money markets now suggesting 50 basis points of reductions for the year.
Concerns Persist: Despite the positive outlook on interest rates, challenges remain for Chancellor Rachel Reeves, highlighted by a high borrowing cost of 4.81% during a recent bond sale, and traders are wary of potential volatility due to upcoming US inflation data.
Analyst Views on FLG
Wall Street analysts forecast FLG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLG is 14.30 USD with a low forecast of 13.00 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
4 Buy
7 Hold
0 Sell
Moderate Buy
Current: 13.280
Low
13.00
Averages
14.30
High
16.00
Current: 13.280
Low
13.00
Averages
14.30
High
16.00
About FLG
Flagstar Bank, National Association (the Bank) is a regional bank. The Bank operates over 360 locations across nine states, in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in Florida and the West Coast markets. Its private banking includes personal private banking, residential lending, financial planning, investment management, insurance solutions, and business credit and lending. Its services also include personal banking, small business, and corporate and commercial banking. Its treasury management services include cash flow optimization, payables and fraud, and receivables management. Its banking services include working capital solutions, asset-based lending, expansion, merger and acquisition, syndications, capital markets, interest rate risk management, foreign exchange, and global trade services. Its Flagstar Corporate Connect provides small business and commercial banking online treasury management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
