FTAdviser
February 3, 2025 at 11:59 AM
Rate setters could be split over a base rate cut this Thursday, according to experts, despite most expecting a cut of 25 basis points.
The market has priced in a 25 percentage point reduction as the Bank attempts to avoid stagflation.
But while some say a bigger cut is needed, others say it shouldn’t come as a surprise if the MPC is split – "even three ways.”
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