Royal Bank of England: Bank of England may cut interest rates by 75 basis points before the end of the year
2025-06-27 11:45:16
RBC Wealth Management said in its 2025 mid-year outlook that the Bank of England could cut interest rates by a total of 75 basis points by the end of 2025 as UK inflation is likely to fall further. UK labour market data appears to be weakening, raising the possibility of more rate cuts by the Bank of England. However, persistently higher inflation and faster wage growth may delay rate cuts, which is also a risk.
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