Bank of Canada: Bank of England may cut interest rates by 75 basis points before the end of the year
According to online reports, Royal Bank of Canada Wealth Management stated in its mid-2025 outlook report that as UK inflation may fall further, the Bank of England may cut interest rates by a total of 75 basis points before the end of 2025. UK labor market data appears to be weakening, raising the possibility of more interest rate cuts by the Bank of England. However, continued high inflation and accelerating wage growth may delay interest rate cuts, which is also the risk.
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