Deutsche Bank: Expects the Bank of England to cut interest rates only once more this year.

robot
Abstract generation in progress

According to Mars Finance, Sanjay Raja, an analyst at Deutsche Bank, stated in a report that the latest policy decision by the Bank of England may prompt a re-evaluation of future policy paths. He mentioned that the trade-off between rising inflation and a weak labor market has heightened the uncertainty surrounding the policy path. The 4-4-1 voting outcome has exacerbated divisions within the monetary policy committee, giving the impression that the constraints on bank interest rates are less than before. Deutsche Bank currently anticipates that the Bank of England will only cut rates once more this November, down from the previous expectation of two cuts, although this may be postponed until December. It is expected that subsequent cuts will occur quarterly, with a final rate of 3.25% by the second quarter of 2026.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)