17-September-2025
Economy News
 
UK jobs data boost economist calls that BOE rate cuts are done
16-Sep-2025

A growing number of economists believe the Bank of England has finished cutting interest rates as policymakers struggle to contain a fresh spike in inflation, a sentiment likely bolstered by fresh jobs data. Banco Santander SA, Schroders Plc and Pantheon Macroeconomics Ltd. expect the UK central bank to keep rates at 4% for the foreseeable future, with the knife-edge decision to cut in August ending its easing cycle after one year. Nomura Holdings Inc. said further reductions are in doubt if inflation does not come down as forecast.

News Source:- https://www.moneycontrol.com/news/business/uk-jobs-data-boost-economist-calls-that-boe-rate-cuts-are-done-13550078.html