The Bank of England is expected to cut interest rates by 25 basis points on Thursday, marking the first assessment of the impact of Trump's tariffs

The Bank of England will announce its interest rate decision at 19:02 Beijing time on Thursday, and the market generally expects a 25 basis point rate cut to 4.25%. Bloomberg survey shows that 32 economists all expect this interest rate cut. Affected by Trump's tariff policy, the central bank may conduct its first comprehensive assessment of its impact on the economy and may suggest further interest rate cuts in June. Traders expect the Bank of England to cut interest rates by a cumulative 100 basis points to 3.5% within the year. If there is a rate cut this time, it will be the first consecutive rate cut by the Bank of England since 2009. (Golden Ten)