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Quicker interest rate cut hopes fade after Bank of England decision

City A.M. Thursday, 8 May 2025 ()
Quicker interest rate cut hopes fade after Bank of England decisionCity investors have lowered expectations of multiple interest rate cuts later in the year after the Bank of England decided to reduce rates to 4.25 per cent.  Prior to the Bank’s decision on Thursday at 12.02 pm, markets priced in around three more cuts this year in predictions that would take interest rates to 3.5 [...]
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