Morgan Stanley: The Bank of England may accelerate the pace of rate cuts in the second half of the year.

Jin10 data July 3rd, Morgan Stanley analyst Bruna Scalica stated in a report that the Bank of England may accelerate the pace or magnitude of interest rate cuts in the second half of 2025. Scalica mentioned that due to the uncertainty of potential tax increases in the autumn budget, economic growth is expected to slow in the coming months. She stated that the decline in economic activity may prompt the Bank of England to cut rates faster than the market expects. Scalica noted that the Bank of England's benchmark interest rate is expected to drop from the current 4.25% to 3.25% by the end of the year.

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
  • 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)