BOE’s Bailey Signals Expectation of 4 Rate Cuts Next Year
FXStreet · 2d
Pound Sterling's upside stalls as BoE Bailey predicts four interest rate cuts in 2025
The Pound Sterling experiences a whipsaw move after BoE Governor Bailey predicted four interest-rate cuts in 2025 as he expects the disinflation process is embedded. Traders expect the BoE to keep interest rates steady at 4.75% at this month's meeting.
Mortgage Strategy · 2d
BoE’s Bailey expects four rate cuts next year as pressures on economy ease
Bank of England governor Andrew Bailey expects four interest rate cuts next year if the economy continues to benefit from easing inflation. The leader of the central bank was speaking at the FT’s Global Boardroom conference in London,
FXStreet · 3d
Bailey speech: Expect four UK rate cuts next year as inflation eases
Bank of England (BoE) Governor Andrew Bailey spoke in a pre-recorded interview at the Global Boardroom Digital Conference hosted by the Financial Times (FT) on Wednesday. Expect four UK rate cuts next year as inflation eases.
The Financial Times · 3d
BoE governor expects four UK rate cuts next year as inflation eases
The Bank of England expects four interest rate cuts next year if its outlook for the UK economy bears out, Andrew Bailey said on Wednesday, as he welcomed recent declines in inflation. Speaking to the FT’s Global Boardroom conference, the BoE governor said consumer price inflation had fallen more rapidly than policymakers expected a year ago.
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