Markets Likely to Have Muted Reaction to BOE Rate Decision -- Market Talk
Dow Jones
Mar 17, 2025
1454 GMT - Markets could have a muted reaction to the Bank of England's interest-rate decision on Thursday, when rates are expected to be left on hold at 4.50%, Danske Bank analysts say in a note. The BOE is likely to maintain its guidance of gradual and cautious interest-rate cuts, they say. U.K. money markets price in a total of 54 basis points of BOE rate cuts in 2025, LSEG data show, while Danske Bank analysts expect a total of 75bps of rate reductions this year. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 17, 2025 10:54 ET (14:54 GMT)
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