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,
The Financial Times · 17d
BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says
Forecasts from the BoE released this month show it expects the Budget to bring higher growth and inflation in the short term, dampening hopes for rapid rate cuts. Consumer price inflation will be running at 2.7 per cent in the final quarter of 2025 — well above its previous forecast of 2.2 per cent, the BoE said.
Currency News · 1d
Pound to US Dollar Rate Choppy following BoE Bailey Remarks
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FXStreet · 2d
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.
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