UK RATE FUTURES SIGNAL AROUND 55 BASIS POINTS OF BOE RATE CUTS BY END OF 2025
UK RATE FUTURES SIGNAL AROUND 55 BASIS POINTS OF BOE RATE CUTS BY END OF 2025
UK rate futures suggest approximately 55 basis points (bps) of rate cuts by the end of 2025.
Before the Bank of England's (BoE) recent policy announcement, the expectation was for around 45 basis points of cuts.
The futures market has adjusted its expectations, indicating a slightly more significant reduction in rates over the next few years.