TD Securities: Bank of England may resume rate cuts in 2027
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Golden Ten Data reported on June 18 that TD Securities strategists stated in a report that the Bank of England may keep interest rates unchanged at 3.75% for the remainder of 2026 and resume rate cuts in 2027. The strategists indicated that higher uncertainty regarding the inflation outlook and UK political instability could lead the Bank of England to maintain its current interest rate. According to LSEG data, investors have now fully priced in the possibility of a 25 basis point rate hike by the Bank of England in 2026.
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