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2025-12-19 00:50:02
[Ebury: Bank of England Optimistic About UK Economic Outlook, Unlikely to Cut Rates at Next Meeting in February] Matthew Ryan of Ebury noted in a report that the Bank of England is unlikely to cut interest rates at its next meeting in February due to its optimistic outlook on the UK economy. Ryan stated that the Bank of England predicts the UK economy will remain stable in the fourth quarter and is "surprisingly optimistic about the impact of the budget on economic growth." The Bank of England cut interest rates by 25 basis points to 3.75% on Thursday. Data shows that the market expects the Bank of England to cut rates again by 25 basis points in the first half of 2026.
