Internet reports that Robert Wood, chief UK economist at Penson Macro, said that as the job market gradually weakens, the Bank of England may cut interest rates twice more this year. Data released this week showed that unemployment in the UK is rising, but slowly rather than sharply, while wage growth is slowing. The Bank of England's policy committee could relax interest rates. Still, there are signs that some underlying factors are keeping wages growing rapidly and preventing inflation from reaching the central bank's 2% target. This means that the Bank of England is unlikely to cut interest rates in a row, but after cutting rates in February and May, there is room for two more rates this year. (Jin Shi)