Golden Ten Data News on September 19th, National Westminster Bank of the United Kingdom expects that the probability of British Merkez Bankası's interest rate cut in September is very low, about 10%. The basic scenario is that the vote ratio is 7-2, Ding Ge La and Ramsden support interest rate cuts, the probability of 6-3 is 30%, and 8-1 is 5%. It is expected that the forward guidance will remain basically unchanged. The minutes of the meeting will once again mention the delicate balance of the decision. It is expected that the initiative to sell government bonds will end, and the passive target of reducing debt by 87 billion pounds will be maintained. It is expected that the British Merkez Bankası will cut interest rates by 25 baz points in November, February, March and May, and the interest rate will drop to 4.00%.01928374656574839201
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.
Westminster Bank: The probability of a rate cut by the Bank of England is very low
Golden Ten Data News on September 19th, National Westminster Bank of the United Kingdom expects that the probability of British Merkez Bankası's interest rate cut in September is very low, about 10%. The basic scenario is that the vote ratio is 7-2, Ding Ge La and Ramsden support interest rate cuts, the probability of 6-3 is 30%, and 8-1 is 5%. It is expected that the forward guidance will remain basically unchanged. The minutes of the meeting will once again mention the delicate balance of the decision. It is expected that the initiative to sell government bonds will end, and the passive target of reducing debt by 87 billion pounds will be maintained. It is expected that the British Merkez Bankası will cut interest rates by 25 baz points in November, February, March and May, and the interest rate will drop to 4.00%.01928374656574839201