BOE Could Deliver Slower But Deeper Rate Cuts -- Market Talk
Dow Jones
Feb 19
0820 GMT - Interest-rate cuts by the Bank of England could be slower but deeper than markets expect, Deutsche Bank's Sanjay Raja says in a note. Recently released data show the U.K. jobs market is deteriorating and headline inflation is slowing, but core services inflation is still elevated. The mixed data complicate the BOE's role of supporting economic growth and containing inflation close to the 2% target. Deutsche Bank Research expects the BOE to cut interest rates in March and June, but see a risk of deeper cuts, Raja says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
February 19, 2026 03:20 ET (08:20 GMT)
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