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Recent Articles

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Citi expects Bank of England to begin lowering interest rates in June, sooner than previously expected, due to weak economic activity and softening labor market indicators

Bank of England held interest rates at 5.25% for the fourth time in a row; the current rate is the highest in nearly 16 years

JPMorgan raises UK's 2024 economic growth forecast to 0.3% from 0.2%, expects Bank of England to initiate interest rate cuts in August on possible easing in inflation, optimism about soft landing

Bank of America revises forecast for Bank of England, predicting it will maintain 5.25% bank rate until August 2024, with subsequent cuts of 25 basis points per quarter; UK expected to be last of major central banks to start cutting cycle

Capital Economics says UK could beat US and euro zone to sub-2% inflation, as Bank of England pledges to maintain high interest rates for extended period; in April, UK's inflation could fall to 1.7%, versus estimated 2.0% in euro zone and 2.6% in US

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