The wave of interest rate cuts is coming, first Greater China, then Europe, this time we have won!
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The Bank of England is expected to cut interest rates by 25 basis points on Thursday, the first assessment of the impact of Trump's tariffs
【The Bank of England is expected to cut interest rates by 25 basis points on Thursday, the first assessment of the impact of Trump's tariffs】The Bank of England will announce its interest rate decision at 19:02 Beijing time on Thursday, and the market generally expects a rate cut of 25 basis points to 4.25%. A Bloomberg survey shows that 32 economists expect this rate cut. Affected by Trump's tariff policy, the central bank may conduct its first comprehensive assessment of its impact on the economy and may hint at further rate cuts in June. Traders expect that the Bank of England will cumulatively cut rates by 100 basis points to 3.5% within the year. If this rate cut occurs, it will be the first consecutive rate cut by the Bank of England since 2009.