Morgan Stanley UK economist Bruno Scarica said in a report that the Bank of England may signal further interest rate cuts in its decision on Thursday after the UK released inflation data for November. UK monthly core inflation remained flat, below analysts' expectations, as service sector inflation slowed. Lower than expected core inflation rates may prompt the Bank of England to send more interest rate cut signals than the market expects in the coming months. Data shows that the market expects the Bank of England to cut interest rates by 49 basis points in 2025. Scarica said we expect the Bank of England to cut interest rates next in February, totaling 125 basis points in the next year.
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摩根士丹利：英国Merkez Bankası本周可能暗示进一步降息
Morgan Stanley UK economist Bruno Scarica said in a report that the Bank of England may signal further interest rate cuts in its decision on Thursday after the UK released inflation data for November. UK monthly core inflation remained flat, below analysts' expectations, as service sector inflation slowed. Lower than expected core inflation rates may prompt the Bank of England to send more interest rate cut signals than the market expects in the coming months. Data shows that the market expects the Bank of England to cut interest rates by 49 basis points in 2025. Scarica said we expect the Bank of England to cut interest rates next in February, totaling 125 basis points in the next year.