Forex
globalreutersJanuary 15, 20251 Mins read
Reuters Poll: BOE to cut bank rate in February. See 100 basis points of cuts in 2025
globalreutersJanuary 15, 20251 Mins read A Reuters poll of 65 economists shows:
- BOE to cut rates by 25 basis points in February
- total reductions of 100 basis points in 2025.
- More likely 2025 UK inflation comes in higher than expected rather than lower.
- UK inflation to average 2.5% in 2025, 2.1% in 2026 (same as December poll)
This article was written by Greg Michalowski at www.forexlive.com.
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