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BTCC / BTCC Square / Global Cryptocurrency /
Bank of England Signals Rate Cuts Amid Global Trade Uncertainty

Bank of England Signals Rate Cuts Amid Global Trade Uncertainty

Author:
Global Cryptocurrency
Published:
2025-05-06 10:10:02
14
1

The Bank of England’s Monetary Policy Committee (MPC) is poised to cut interest rates this Thursday, marking the beginning of an anticipated easing cycle. Trade tensions sparked by US tariffs continue to destabilize global markets, with Governor Andrew Bailey openly criticizing their impact on UK business activity.

Inflationary pressures are softening faster than expected, prompting markets to price in additional cuts. The MPC’s forthcoming statement will reveal how these geopolitical crosscurrents reshape their inflation outlook. Investors now view Thursday’s move as a NEAR certainty, with some betting on deeper cuts ahead.

|Square

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