Eco Week Ahead
Bailey’s Rate-Cut Plan Is Set to Differ From Powell’s
- BOE decision, commentary to be scrutinized for easing clues
- Rate highlights include Riksbank cliffhanger, RBA, Brazil
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The Bank of England may offer a clearer signal in the coming week on whether it plans to cut interest rates this summer, just as investors bet on a delayed outlook for easing.
Ahead of Thursday’s decision, Governor Andrew Bailey has distanced Britain from resurgent consumer price pressures in the US, pointing to “strong evidence” of UK inflation receding.