Does the tax U-turn mean interest rates won't rise to 6% as predicted?

The government has reversed some of its tax cuts, but have they gone far enough?

WESCO International, Inc. (WCC)

NYSE - NYSE Delayed price. Currency in USD

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122.90

+3.52

(+2.95%)

At close: 04:00PM EDT

122.90

0.00

(0.00%)

After hours:

04:16PM EDT

Time period:

04 Oct 2021 - 04 Oct 2022

Show:

Historical prices

Frequency:

Daily

Currency in USDDownload

Date	Open	High	Low	Close*	Adj. close**	Volume
03 Oct 2022	120.77	124.39	120.68	122.90	122.90	340,300
30 Sept 2022	118.09	123.28	116.95	119.38	119.38	852,800
29 Sept 2022	116.77	117.92	114.33	116.90	116.90	239,600
28 Sept 2022	114.70	119.76	114.70	119.00	119.00	357,000
27 Sept 2022	114.16	116.33	112.26	115.10	115.10	655,000
26 Sept 2022	114.28	116.38	112.08	112.19	112.19	588,500
23 Sept 2022	118.42	119.15	113.61	115.91	115.91	540,800
22 Sept 2022	125.21	125.24	120.81	120.81	120.81	343,300
21 Sept 2022	129.67	130.89	125.19	125.32	125.32	307,100
20 Sept 2022	129.01	129.42	127.13	128.22	128.22	381,400
19 Sept 2022	125.47	131.37	125.47	129.98	129.98	345,900
16 Sept 2022	128.88	129.88	125.96	127.27	127.27	1,107,400
15 Sept 2022	133.29	136.24	132.14	132.85	132.85	312,300
14 Sept 2022	137.82	138.42	132.24	134.16	134.16	533,000
13 Sept 2022	138.02	140.01	137.28	137.98	137.98	491,100
12 Sept 2022	146.05	147.05	141.87	142.53	142.53	492,700
09 Sept 2022	140.21	145.65	139.72	144.64	144.64	729,700
08 Sept 2022	135.71	138.41	134.12	138.26	138.26	458,000
07 Sept 2022	134.00	138.30	133.36	138.02	138.02	336,800
06 Sept 2022	133.05	134.50	130.52	133.58	133.58	459,200
02 Sept 2022	133.63	134.68	130.87	131.86	131.86	294,900
01 Sept 2022	129.83	131.74	127.50	131.47	131.47	454,200
31 Aug 2022	132.54	133.54	130.59	131.68	131.68	313,100
30 Aug 2022	137.26	137.26	131.35	132.05	132.05	341,700
29 Aug 2022	134.08	137.88	133.43	136.61	136.61	306,900
26 Aug 2022	141.00	142.34	135.38	135.61	135.61	302,900
25 Aug 2022	135.42	141.57	135.42	141.25	141.25	342,700
24 Aug 2022	134.13	135.95	133.41	135.01	135.01	246,400
23 Aug 2022	133.44	136.07	132.39	134.27	134.27	200,800
22 Aug 2022	133.89	135.05	133.00	133.22	133.22	336,000
19 Aug 2022	140.00	140.27	136.51	137.27	137.27	507,800
18 Aug 2022	142.49	143.98	141.49	141.79	141.79	598,200
17 Aug 2022	141.46	142.25	140.27	142.03	142.03	505,800
16 Aug 2022	141.06	144.42	141.06	143.62	143.62	394,300
15 Aug 2022	138.43	143.35	137.57	142.33	142.33	395,000
12 Aug 2022	137.49	140.30	137.01	140.24	140.24	289,900
11 Aug 2022	137.22	139.03	136.36	137.37	137.37	425,500
10 Aug 2022	136.19	137.26	135.02	135.41	135.41	258,000
09 Aug 2022	134.05	135.33	132.25	132.57	132.57	543,400
08 Aug 2022	134.00	135.57	132.89	133.19	133.19	421,000
05 Aug 2022	130.17	133.13	128.14	132.44	132.44	581,300
04 Aug 2022	128.06	132.72	125.36	130.50	130.50	1,000,800
03 Aug 2022	128.80	130.29	126.71	129.72	129.72	495,600
02 Aug 2022	128.00	130.99	125.99	127.90	127.90	434,100
01 Aug 2022	126.80	129.79	124.97	128.98	128.98	463,000
29 Jul 2022	124.40	128.99	124.37	127.84	127.84	574,700
28 Jul 2022	119.53	122.91	117.89	122.84	122.84	473,500
27 Jul 2022	115.61	118.35	114.19	118.08	118.08	294,300
26 Jul 2022	114.10	116.07	112.90	114.04	114.04	355,500
25 Jul 2022	113.19	114.25	111.17	114.11	114.11	289,900
22 Jul 2022	114.40	114.82	112.20	112.64	112.64	439,800
21 Jul 2022	112.72	113.98	110.56	113.76	113.76	446,200
20 Jul 2022	109.71	113.28	108.51	113.27	113.27	588,800
19 Jul 2022	105.73	109.80	105.73	109.78	109.78	610,700
18 Jul 2022	106.31	107.51	102.85	103.67	103.67	372,400
15 Jul 2022	103.93	104.44	101.87	104.24	104.24	304,800
14 Jul 2022	101.16	102.39	99.00	101.94	101.94	363,300
13 Jul 2022	103.05	104.73	101.43	104.17	104.17	630,600
12 Jul 2022	106.00	109.66	105.22	105.77	105.77	593,000
11 Jul 2022	105.34	106.76	104.21	106.00	106.00	402,900
08 Jul 2022	107.89	108.01	105.26	106.97	106.97	319,200
07 Jul 2022	104.10	108.18	103.74	107.26	107.26	710,000
06 Jul 2022	102.53	105.01	100.20	101.30	101.30	1,005,100
05 Jul 2022	103.17	103.44	100.34	103.24	103.24	719,400
01 Jul 2022	106.58	109.19	103.33	105.83	105.83	778,200
30 Jun 2022	104.75	109.77	103.41	107.10	107.10	829,700
29 Jun 2022	109.90	111.68	105.50	107.44	107.44	432,200
28 Jun 2022	113.71	115.64	109.98	110.30	110.30	447,800
27 Jun 2022	114.36	114.74	110.67	112.05	112.05	713,500
24 Jun 2022	105.41	113.58	104.47	113.58	113.58	6,282,200
23 Jun 2022	103.65	105.07	100.61	103.65	103.65	795,300
22 Jun 2022	104.21	106.56	100.93	104.45	104.45	1,023,400
21 Jun 2022	108.70	110.54	106.32	107.44	107.44	942,500
17 Jun 2022	110.51	110.64	105.26	106.61	106.61	963,800
16 Jun 2022	116.93	117.90	107.69	109.84	109.84	864,900
15 Jun 2022	122.05	124.03	118.52	120.68	120.68	552,500
14 Jun 2022	120.18	121.83	118.79	120.21	120.21	470,300
13 Jun 2022	123.33	124.22	119.57	120.25	120.25	605,600
10 Jun 2022	130.00	132.10	126.95	127.17	127.17	347,300
09 Jun 2022	135.70	136.02	133.62	133.68	133.68	355,100
08 Jun 2022	142.82	142.82	135.94	136.55	136.55	648,800
07 Jun 2022	133.50	144.29	132.73	143.88	143.88	765,700
06 Jun 2022	139.03	139.72	134.64	135.74	135.74	568,500
03 Jun 2022	136.00	138.92	133.71	138.62	138.62	492,700
02 Jun 2022	133.19	136.63	133.01	136.46	136.46	467,800
01 Jun 2022	129.24	134.95	127.05	132.29	132.29	795,700
31 May 2022	125.22	127.48	122.93	125.58	125.58	405,700
27 May 2022	123.29	127.05	123.27	126.80	126.80	331,300
26 May 2022	116.09	122.60	116.09	122.04	122.04	384,200
25 May 2022	112.66	118.01	112.66	115.45	115.45	337,200
24 May 2022	116.85	116.85	112.26	113.77	113.77	530,000
23 May 2022	119.28	121.41	117.79	118.64	118.64	451,500
20 May 2022	122.40	122.95	114.93	117.29	117.29	496,800
19 May 2022	119.00	123.24	117.91	120.68	120.68	392,200
18 May 2022	124.59	127.06	119.79	121.13	121.13	361,400
17 May 2022	125.53	129.01	124.16	126.31	126.31	466,800
16 May 2022	124.51	125.45	119.73	122.03	122.03	487,700
13 May 2022	122.06	126.39	121.96	124.67	124.67	489,500
12 May 2022	119.04	121.64	117.41	120.07	120.07	859,100
11 May 2022	128.69	129.40	120.26	120.53	120.53	919,700
Close price adjusted for splits.*Close price adjusted for splits and dividend and/or capital gain distributions.

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FTSE 1006,998.34+89.58(+1.30%)

FTSE 25017,600.70+315.82(+1.83%)

AIM815.99+7.26(+0.90%)

GBP/EUR1.1530+0.0014(+0.12%)

GBP/USD1.1391+0.0072(+0.64%)

BTC-GBP17,608.72+686.80(+4.06%)

Does the tax U-turn mean interest rates won't rise to 6% as predicted?

WESCO International, Inc. (WCC)

FTSE 100
6,998.34
+89.58(+1.30%)

FTSE 250
17,600.70
+315.82(+1.83%)

AIM
815.99
+7.26(+0.90%)

GBP/EUR
1.1530
+0.0014(+0.12%)

GBP/USD
1.1391
+0.0072(+0.64%)

BTC-GBP
17,608.72
+686.80(+4.06%)