March 19, 2025 – Written by David Woodsmith
STORY LINK Bank of England: Pound Sterling Could Dive vs Euro, Dollar on Unexpected BoE Cut
There are very strong expectations that the Bank of England will hold interest rates at 4.50% this week with all 61 economists in the latest Reuters survey calling for no change.
– The Pound will slump if there is an unexpected cut.
– Assuming rates are left at 4.50%, the vote split and guidance will be the key elements.
– Stronger than expected…
Read More
