Traders Boost Bets on Further Bank of England Easing, Anticipating Three Additional Rate Cuts This Year
2025-02-11 / Read about 0 minute
Author:小编   

Following the Bank of England's interest rate reduction to 4.5% last week, the money market is forecasting three additional cuts of 25 basis points each, amounting to a total reduction of 75 basis points by the end of this year. Specifically, traders anticipate a slim chance of a 6 basis point cut in March, a more substantial 25 basis point cut in May, and expect the remaining cut to materialize in subsequent months.