Research

Bank of England: Stop-and-go

14 March 2025 14:05 RaboResearch

We expect the Bank of England MPC to keep its policy rate unchanged at 4.50% at next week’s meeting. This is almost fully priced in and aligns with market consensus. The MPC is likely to retain its guidance of gradual and careful easing. We foresee three more 25bp rate cuts over the course of 2025, bringing rates to 3.75%.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more