According to online reports, Deutsche Bank senior economist Sanjay Raja said in a report that the Bank of England is expected to cut interest rates by 25 basis points in May and cut interest rates three more times in August, November and December this year. As inflation in the UK slows and labor market data shows signs of easing, the UK is likely to accelerate the pace of interest rate cuts. Given the rising uncertainty on multiple fronts, we believe the Monetary Policy Committee will open the door to faster and even deeper interest rate cuts in the coming months or quarters. (Jin Shi)