Sterling Faces Hit if BOE Hints at More Aggressive Rate Cuts -- Market Talk

Dow Jones

May 07, 2025

1131 GMT - Sterling could weaken if the Bank of England's policy decision on Thursday hints at ramping up interest rate cuts, TD Securities analysts say in a note. The BOE is likely to vote 8-1 to cut rates by 25 basis points, but with policymaker Swati Dhingra voting in favor of a 50 bp cut, they say. The BOE is also likely to downgrade its economic growth forecasts and drop the word "gradual" from its guidance for further rate cuts amid heightened trade uncertainty. "Inflation has come in below market expectations and monetary policy report projections, giving members confidence in continuing on a cutting path." Sterling is last down 0.1% at $1.3351. The euro rises 0.1% to 0.8517. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

May 07, 2025 07:31 ET (11:31 GMT)

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The BOE is likely to vote 8-1 to cut rates by 25 basis points, but with policymaker Swati Dhingra voting in favor of a 50 bp cut, they say. The BOE is also likely to downgrade its economic growth forecasts and drop the word \"gradual\" from its guidance for further rate cuts amid heightened trade uncertainty. \"Inflation has come in below market expectations and monetary policy report projections, giving members confidence in continuing on a cutting path.\" Sterling is last down 0.1% at $1.3351. The euro rises 0.1% to 0.8517. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2025 07:31 ET (11:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sterling Faces Hit if BOE Hints at More Aggressive Rate Cuts -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSterling Faces Hit if BOE Hints at More Aggressive Rate Cuts -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-07 19:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1131 GMT - Sterling could weaken if the Bank of England's policy decision on Thursday hints at ramping up interest rate cuts, TD Securities analysts say in a note. The BOE is likely to vote 8-1 to cut rates by 25 basis points, but with policymaker Swati Dhingra voting in favor of a 50 bp cut, they say. The BOE is also likely to downgrade its economic growth forecasts and drop the word \"gradual\" from its guidance for further rate cuts amid heightened trade uncertainty. \"Inflation has come in below market expectations and monetary policy report projections, giving members confidence in continuing on a cutting path.\" Sterling is last down 0.1% at $1.3351. The euro rises 0.1% to 0.8517. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2025 07:31 ET (11:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOE","symbol_name":"黑岩全球成长基金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533989698","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533989698","pubTimestamp":1746617460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1131 GMT - Sterling could weaken if the Bank of England's policy decision on Thursday hints at ramping up interest rate cuts, TD Securities analysts say in a note. The BOE is likely to vote 8-1 to cut rates by 25 basis points, but with policymaker Swati Dhingra voting in favor of a 50 bp cut, they say. The BOE is also likely to downgrade its economic growth forecasts and drop the word \"gradual\" from its guidance for further rate cuts amid heightened trade uncertainty. \"Inflation has come in below market expectations and monetary policy report projections, giving members confidence in continuing on a cutting path.\" Sterling is last down 0.1% at $1.3351. The euro rises 0.1% to 0.8517. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE":"黑岩全球成长基金"},"translate_title":"如果英国央行暗示更激进的降息，英镑将面临打击——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE":1},"content_text":"1131 GMT - Sterling could weaken if the Bank of England's policy decision on Thursday hints at ramping up interest rate cuts, TD Securities analysts say in a note. The BOE is likely to vote 8-1 to cut rates by 25 basis points, but with policymaker Swati Dhingra voting in favor of a 50 bp cut, they say. The BOE is also likely to downgrade its economic growth forecasts and drop the word \"gradual\" from its guidance for further rate cuts amid heightened trade uncertainty. \"Inflation has come in below market expectations and monetary policy report projections, giving members confidence in continuing on a cutting path.\" Sterling is last down 0.1% at $1.3351. The euro rises 0.1% to 0.8517. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 07, 2025 07:31 ET (11:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}