Wednesday , 4 December 2024
Home Forex BOE governor Bailey expects four rate cuts next year if economic outlook stays the course
Forex

BOE governor Bailey expects four rate cuts next year if economic outlook stays the course

  • Inflation had fallen more rapidly than what was expected a year ago
  • There are a number of potential paths ahead
  • But the base case scenario implied is that BOE would stick with more “gradual” rate cuts
  • This central view means BOE would have to “lean in a bit harder” to keep disinflation process on track
  • Full transcript (may be gated)

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Beige Book: Fed districts deport slight growth, rising business optimism for 2025

&]:mt-2 list-disc space-y-2 pl-8" depth="0">Economic activity rose slightly in most DistrictsThree regions...

Fed’s Powell: US economy is envy of the world, I’m going to do everything to keep it there

Feel very good about where monetary policy isUS economy is in remarkably...

Oil can’t hold a bid ahead of Thursday’s OPEC+ decision

There have been multiple reports saying that the most likely OPEC+ result...

Trump picks former commissioner Paul Atkins for SEC chair

A report yesterday said Atkins was reluctant to take the job. Coindesk...