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Banks cool on interest rate cut expectations amid forecasting clash
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Banks cool on interest rate cut expectations amid forecasting clash
Top City banks have pushed back their predictions for the Bank of England’s next interest rate cut as forecasters are split on whether high inflation could upend monetary policy decisions. UBS Investment Bank economist Anna Titareva pushed back a call for the Bank’s next cut from February to March after the Office for National Statistics (ONS) said price growth ticked up to 3.4 per cent in the year to December 2025. Titareva, who believes inte…
·London, United Kingdom
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