Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Barclays: The Bank of England is expected to keep interest rates unchanged at the March meeting, with a possible rate cut in May

Barclays: The Bank of England is expected to keep interest rates unchanged at the March meeting, with a possible rate cut in May

Bitget2025/03/14 20:31

Barclays' chief UK economist Jack Meaning said in a report that the Bank of England may keep interest rates steady at 4.50% in its decision due on March 20, and reiterated that future rate cuts would be gradual. He stated: "Since February, there has been nothing in the data that would materially change the views of the Monetary Policy Committee." He suggested that the Bank of England might maintain its policy guidance unchanged at its meeting in March, and could cut interest rates by 25 basis points in May.

0

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!