Expect the Bank of England to use Thursday's decision to reiterate that rates need to stay restrictive for an extended period of time, a signal that it's too early to contemplate policy easing. We expect the first rate cut to come in August.
Expect the Bank of England to use Thursday's decision to reiterate that rates need to stay restrictive for an extended period of time, a signal that it's too early to contemplate policy easing. We expect the first rate cut to come in August.