Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Deutsche Bank: The Bank of England may cut interest rates to 3.5% before the end of the year

Deutsche Bank: The Bank of England may cut interest rates to 3.5% before the end of the year

Bitget2025/03/14 18:33

The research department of Deutsche Bank predicts that the Bank of England will cut interest rates four more times by 2025, bringing the rate down to 3.50%. However, the bank's economist Sanjay Raja stated in a report that the Bank of England should maintain an interest rate of 4.50% at its next decision on March 20th. Raja said: "In our view, a 'gradual and cautious' approach is not conducive to continuous rate cuts - especially when overall CPI is rising." LSEG data shows that there is a 92% chance that the market expects the Bank of England to keep interest rates unchanged in March, with two more cuts expected by 2025.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!