*Bank of England expected to cut rates* Policymakers at the Bank of England will meet today to decide on interest rates and are widely expected to back the third rate cut in six months. The Banks Monetary Policy Committee is forecast to lower borrowing by 0.25 percentage points from 4.75% to 4.5%. Simon French, head of research at Panmure Liberum, thinks the BoE will implement six interest rate cuts this year but won’t pivot to faster cuts until late summer. French is somewhat more optimistic about declining inflation than the market consensus, which predicts three cuts in 2025.