Deutsche Bank: Bank of England may cut interest rates to 3.5% by year-end
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According to Golden Finance, Deutsche Bank Research Department expects that the Bank of England will cut interest rates four more times in 2025, lowering interest rates to 3.50%. However, the Bank's economist Sanjay Raja said in a report that the Bank of England's next decision on March 20 should remain unchanged at 4.50%. "In our opinion, the 'gradual and cautious' approach is not conducive to continuous rate cuts - especially in the case of overall CPI rising." LSEG data shows that the market expects the possibility of the Bank of England keeping interest rates unchanged in March is 92%, and the Bank of England will cut interest rates twice in 2025.