Live Updates > Live Update Details
2025-12-18 20:43:50
[Weak Economy May Force Central Bank to Adopt Dovish Stance; Analysts Expect Final Interest Rate to Reach 3%] ⑴ Aberdeen Financial's Deputy Chief Economist pointed out that the narrow majority vote by the Bank of England indicates that many policymakers are still not entirely convinced that inflation risks have been completely eliminated from the economic sphere. ⑵ However, he added that given the economy is expected to remain weak into next year, and the recent budget includes several measures aimed at curbing overall inflation, further interest rate cuts are expected in the future. ⑶ The economist expects the Bank of England's benchmark interest rate to eventually fall back to around 3% later next year. ⑷ This view contrasts with the cautious signals released by the authorities and represents the market's expectation that downward economic pressure will ultimately force the central bank to adopt a more accommodative stance.
