Institutional forecast: Bank of England will cut interest rates in May, and will cut rates three more times this year

According to BlockBeats, on May 2nd, Sanjay Rajah, a senior economist at Deutsche Bank, stated in a report that he expects the Bank of England to cut interest rates by 25 basis points in May and three more times in August, November, and December this year. As inflation in the UK slows down and labor market data shows signs of easing, the UK may accelerate the pace of interest rate cuts. Given the increasing uncertainty in multiple aspects, we believe that the Monetary Policy Committee will open the door for faster or even greater interest rate cuts in the coming months or quarters. (Golden Ten)