1534 GMT - The Bank of England is expected to keep interest rates unchanged at 4.50% during its decision on March 20, RBC Capital Markets analysts say in a note. Markets price in a 94% probability of the BOE keeping interest rates on hold in March, LSEG data show. The BOE is likely to maintain a gradual pace of interest-rate cuts in the coming months, making three more cuts in 2025, the analysts say. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 13, 2025 11:34 ET (15:34 GMT)
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