Saturday, 15 June 2024

Bank of England Preview – Laying the Groundwork for an August Cut

by BD Banks

Bank of England Preview – Laying the Groundwork for an August Cut

We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.25% on 20 June, which is in line with consensus and current market pricing. Overall, we expect the MPC to stick to its current communication, priming the markets for a forthcoming start to a cutting cycle. We expect the first 25bp […]

The post Bank of England Preview – Laying the Groundwork for an August Cut appeared first on Action Forex.

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