100% chance that Bank of England will cut interest rates next month, markets predict
- The Bank of England is expected to reduce the base interest rate to 4.25% in May due to economic pressures, according to market predictions.
- Megan Greene stated that US trade tariffs present more of a disinflationary risk than an inflationary risk for the UK economy.
- Greene noted that there are no signs of rising unemployment due to the policy implemented in early April.
- She warned that re-patterning of supply chains might increase inflation risks in the future, emphasizing ongoing economic uncertainty.
13 Articles
13 Articles
Bank of England set to cut interest rates within weeks – what it means for your savings, pension and mortgage
A wave of interest rate cuts could be on the horizon and for households juggling mortgages, savings, or retirement plans, the impact could be felt sooner than expected. Markets are now pricing in a high chance of a rate cut in May, with more likely to follow later in the year, as economic uncertainty and global trade tensions shake forecasts.Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: "The turmoil Trump has unleash…
Rates set for May cut, and more pruning later - IFA Magazine
Rates are widely expected to be cut in May, and markets are also pricing in around three more cuts for the rest of 2025. With this in mind, Susannah Streeter of Hargreaves Lansdown has commented. Susannah Streeter, head of money and markets, Hargreaves Lansdown: “The turmoil Trump has unleashed on the world has increased the odds of a May interest rate cut dramatically. Financial markets are currently pricing in a 95% chance of a reduction on th…
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