BoE expected to keep rates at 4.50% due to sticky inflation concerns

From Investing.com: 2025-03-20 00:45:00

The Bank of England is expected to maintain interest rates at 4.50%, with a potential 8-1 vote split, due to concerns over sticky inflation. Market movement and GBP and FTSE 100 volatility will hinge on post-meeting comments and economic data. Expectations indicate rate cuts through December 2025, with an increase from 50 bps a month ago. Sticky inflation and labor market challenges keep BoE cautious, aiming to gradually bring inflation back to the 2% target. Key factors post-meeting to watch include voting patterns, policy statements, and economic data. The FTSE 100 shows bearish trends but may see a shift in momentum if resistance levels are surpassed. The BoE’s future rate decisions will depend on economic performance in the coming months.



Read more at Investing.com: BoE Meeting Preview: Will Rates Hold at 4.50%? Key Insights and FTSE 100 Outlook