And they have now revised their forecast for the BOE to begin cutting rates in August. They then see the central bank following that up with two more rate cuts in November and December. From before:
- Barclays no longer sees the BOE cutting rates in June (22/5)
- What are analysts saying on the next BOE rate cut? (13/5)
This article was written by Justin Low at www.forexlive.com.
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