Bank of America: Bank of England seems unlikely to signal faster rate cuts at the March meeting

Golden Data March 12th, according to the US bank analysts in a report, the Bank of England Merkez Bankası is unlikely to indicate that the pace of future rate cuts will be faster at the next decision on March 20th. The US bank said:"In a situation of increased uncertainty and high reliance on data, we expect a gradual and cautious guidance." LSEG's data shows that the market expects a 92% chance that the Bank of England Merkez Bankası will maintain the interest rate at 4.50% on March 20th. US bank analysts expect the Bank of England Merkez Bankası to cut interest rates three times in 2025, once in 2026, and eventually reduce the interest rate to 3.5%.