1439 GMT - The Bank of England is expected to increase the pace of interest rate cuts in the second half of 2025, Bank of America rates strategists say in a note. U.K. inflation is projected to slowdown and growth to weaken as the effects of global tariffs materialize, BofA says. "We continue to expect cuts in August, September and November to 3.5%." (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
June 17, 2025 10:39 ET (14:39 GMT)
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