BOE Members' Opinions Could Diverge Further at Thursday's Rate Decision -- Market Talk
Dow Jones
Mar 17, 2025
1307 GMT - The Bank of England monetary policy committee members' views on the potential path of future interest rates could diverge further at this week's decision, Lazard's chief market strategist Ronald Temple says in a note. At the previous meeting in February, seven members voted in favor of a 25 basis points interest-rate cut and two members voted in favor of a larger 50 basis-point cut. The BOE is expected to leave rates on hold at 4.50% on Thursday, but recent weak economic data could encourage some policymakers to vote to reduce rates. "Given incremental economic data since February, we could see even more dispersion of views in this decision," he says.(miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 17, 2025 09:07 ET (13:07 GMT)
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