According to Jinshi Data, the Bank of England is expected to carry out the fourth interest rate cut in this round of the rate-cutting cycle this Thursday, and may give hints in response to the U.S. raising tariffs. The Bank of England is more cautious than other central banks in Europe, which have cut rates seven times.
JPMorgan economists point out that since Trump's liberation day, central banks around the world have made mistakes in caution. Despite the downside risks to economic growth, interest rate cuts have been limited, and it is expected that easing policies will accelerate.