Bank of England to Cut Rates 25bps to 3.75% in Q4; China, Indonesia Hold Rates Steady

The Bank of England is expected to cut interest rates once more this year, reducing the bank rate by 25 basis points to 3.75% in the fourth quarter of 2025, with a further cut to 3.50% anticipated in early 2026, according to a Reuters poll. This decision reflects the bank's cautious approach amid resilient inflation and economic growth. Meanwhile, China is expected to maintain its benchmark lending rates unchanged. In Indonesia, the central bank is forecasted to keep its policy rate steady at 5.25% on August 20, with a resumption of easing measures projected in the fourth quarter.