HSBC: The market may underestimate the speed and scale of the interest rate cuts by the Central Bank of the United Kingdom.

FX168 News Nov 14, HSBC UK Intrerest Rate strategist Daniela Russell said in a report that the market may be underestimating the scale and speed of the UK Central Bank's rate cuts. Data from Refinitiv shows that the market expects the UK Central Bank to cut rates by 56 basis points by the end of 2025. HSBC economists, however, expect the UK Central Bank to cut rates six times in 2025, each time by 25 basis points. "However, due to the uncertain outlook and considering that the UK Central Bank is taking a gradual meeting approach, it may take some time to truly stand firm," Russell said.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)