UK rate cuts on the horizon—markets brace for impact!
🇬🇧 UK Economic Data Signals Possible Rate Cuts 📉
The Bank of England may be on track to ease monetary policy as inflation slows, economic growth remains weak, and the labor market cools. Analyst Chris Beauchamp suggests that February’s forecasts could support rate cuts, with traders watching closely for any downward revisions.
🔹 Expected: 25bps cut with gradual reductions in 2025
🔹 Possible: Faster rate cuts signaled
🔹 High-impact: A surprise 50bps cut, sparking market volatility
📊 How will this impact the markets? Stay informed with Binance!
