Live Updates > Live Update Details
2025-07-31 22:21:03
Morgan Stanley analyst Fabio Bassanin said in a report that a 25 basis point rate cut by the Bank of England next week is likely to be met with a muted reaction from investors, as the move is widely expected. "Based on current valuations, we expect the market reaction to remain muted, as expectations still reflect a quarterly rate cut cadence." Bassanin noted that the market will likely focus on the split vote in the decision and the explanatory paragraphs in the meeting minutes. Money markets are currently pricing in an 82% probability of a rate cut at this Bank of England meeting.
