Their worries over worsening market conditions came after the Monetary Policy Committee (MPC) kept interest rates unchanged today (20 March) at 4.5%, citing uncertainty surrounding global trade policy and domestic price pressures.
Bank of England halts interest rate cuts amid persistent inflation
Expectations of further rate cuts this year have faltered as of late, with Lindsay James, investment strategist at Quilter, stating that markets are currently pricing in around two cuts for the rest of 2025, “mirroring expectations for the US”.
“The BoE will wish to avoid cutting rate…
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