Preview of Key Points for the Bank of England's March Decision

Wallstreetcn
2025.03.20 11:25

① The market generally expects the Bank of England to keep the benchmark interest rate unchanged at 4.5% and is likely to reiterate a cautious stance on further rate cuts.
② The market expects that seven members of the Bank of England's Monetary Policy Committee will vote to maintain the interest rate, while the remaining two members are likely to support a 25 basis point cut, which would be the least support for a rate cut since September of last year.
③ The market anticipates that the Bank of England's Monetary Policy Committee may adhere to the guidance updated in the February meeting, when the committee indicated that the pace of rate cuts is expected to be "gradual and cautious."
④ Attention is focused on the Bank of England's views on the economy, inflation, and its perspective on U.S. tariffs.
Note: At 20:00 Beijing time, the Bank of England will announce its interest rate decision