*📊 Bank of England Cuts Interest Rates to 4.5%—Signals More Easing Ahead* __________________________________________ _🔹 The Bank of England (BoE) has lowered its benchmark interest rate by 25 basis points to 4.5%, marking its first rate cut of 2025. This move signals a shift towards monetary easing amid concerns over sluggish economic growth._ __________________________________________ *🔹 Voting Breakdown:* • 7 *out of 9 Monetary Policy Committee (MPC)* members supported the 0.25% cut. • *2 members** favored a 0.5% cut, indicating some urgency for more aggressive easing. __________________________________________ *🔹 Governor Andrew Bailey’s Remarks:* Bailey emphasized that more rate cuts are likely as inflation pressures ease but stated that the BoE will assess conditions “meeting by meeting” before deciding on the pace and scale of future reductions. __________________________________________ *🔹 Market Impact:* • The rate cut may weaken the *British pound (GBP)* as lower rates typically reduce currency attractiveness. • Stocks and commodities may see short-term gains, especially sectors sensitive to borrowing costs. • *Bond yields* could decline further, reflecting expectations of continued easing. __________________________________________ *📢 Stay ahead of the markets with Wagmigoats Insights (WGi) 📊—Turn on notifications for real-time updates!*