
The Bank of England (BoE) is anticipated to signal potential future rate cuts during its upcoming policy committee meeting, amidst a backdrop of internal division. This development comes as financial commentators and analysts suggest that the BoE should follow the European Central Bank's lead rather than the Federal Reserve's, indicating a possible rate reduction as early as next month. The call for a rate cut is further supported by rising mortgage rates and the need for economic adjustments, with some speculating that a rate cut could occur before the Federal Reserve makes a similar move. The BoE is set to give signals on when it might cut interest rates from a 16-year high, potentially marking the first rate cut since 2020.













Bank of England likely to move closer to first rate cut since 2020 https://t.co/TnNuwMGJvR https://t.co/ka3WehxW0v
The Bank of England is set to give signals on when it might cut interest rates from a 16-year high. Here's what to watch https://t.co/5VABT0dr1m
City Comment: When will the Bank of England cut interest rates? My money's on June https://t.co/2rnloHnMxY