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Bank of England Governor Bailey: Unfazed by Market's Diminished Expectations for Future Rate Cuts
2025-08-08 /
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Author：小编
Andrew Bailey, Governor of the Bank of England, expressed no surprise at the market's decreased anticipation of future interest rate reductions, describing the current economic landscape as "delicately poised and finely balanced." In an interview, Bailey emphasized that interest rates would indeed continue to decline, yet he underscored the heightened uncertainty surrounding the timing of these measures. Recently, the Bank of England lowered its benchmark interest rate to its lowest point in over two years, a move that was largely anticipated, resulting in a subsequent tempering of money market expectations for further rate reductions. Presently, market participants assess the likelihood of a rate cut in November to be below 50%.
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