Royal Bank of Canada predicts the Bank of England will cut interest rates by 75 basis points before the end of 2025

According to Jin Ten Data, the Royal Bank of Canada Wealth Management pointed out in its mid-2025 outlook report that UK inflation may further decline, and the Bank of England may cut interest rates by 75 basis points before the end of 2025.

The weakening labor market data in the UK has increased the likelihood of the Bank of England cutting interest rates. However, rising inflation and accelerating wage growth may delay the rate cut, which is also a risk.