BANK OF ENGLAND COULD CUT BANK RATE TO 5.00% IN Q2 2024 – REUTERS POLL
All 70 economists participated in a recently conducted Reuters poll said that they expect the Bank of England (BoE) to hold the policy rate unchanged at 5.25% at the February 1 policy meeting.
38 of those economists noted that they expect the BoE to lower the policy rate in the second quarter and the median forecast for the bank rate by end-June stood at 5%.
All 70 economists participated in a recently conducted Reuters poll said that they expect the Bank of England (BoE) to hold the policy rate unchanged at 5.25% at the February 1 policy meeting.
38 of those economists noted that they expect the BoE to lower the policy rate in the second quarter and the median forecast for the bank rate by end-June stood at 5%.
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