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2025-07-31 23:54:55
[Bank of America: The Bank of England may cut interest rates by 25 basis points at next week's meeting] Sonali Punhani and Ruben Segura-Cayuela of Bank of America said in a report that the Bank of England may cut interest rates by 25 basis points at its meeting next week. Bank of America said that the UK economy is weakening and unemployment is rising, which increases the possibility of an interest rate cut in August. Data from the London Stock Exchange shows that the market expects the Bank of England to cut interest rates next week with an 82% probability. (Dow Jones)
