BlockBeats News, May 8th, Pantheon Macroeconomics' Chief UK Economist Robert Wood stated that the UK's economic growth forecasts for 2025 and 2026 have been revised down. It is now expected that the country's GDP will grow by 0.9% and 1% in 2025 and 2026, respectively, lower than the previous estimates of 1.1% and 1.5%.
Despite the inflation rate falling to 2.6% in March, it is expected to sharply rise in the coming months, possibly reaching 3.4% in the second quarter, only dropping to 3.3% by the end of the year.
Most of the data since the last forecast evaluation would usually lead the MPC to maintain an extremely cautious stance. However, US President Trump's tariffs have already disrupted the global economy and unsettled financial markets. In this context, Pantheon Macroeconomics expects the Bank of England to cut interest rates by 25 basis points three times this year, including consecutive cuts in May and June, as well as a final cut in November. (Kinetic Mind)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。