shaina
@uir
Deutsche Bank stated in a report that the Bank of England sent a cautious signal on Thursday regarding future interest rate cuts, indicating a good trend for the pound in the coming months. Analyst Michael Pfizer said that the Bank of England is unlikely to cut interest rates in December as it has raised its expectations for inflation and economic growth in 2025-26. The Bank of England has clearly taken into account the recent budget of the UK and may be more expansionary in the short term than previously expected. This indicates that the Bank of England will continue to cut interest rates at a much slower pace than the European Central Bank, while the growth rate of the UK economy may be much faster than that of the eurozone. @gyinwekr
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