Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S.

Rate-setters are all but certain to announce a cut from 4.75% to 4.5% at the next Monetary Policy Committee meeting on Thursday.

Markets have raised the prospect that the Bank of England will cut the base rate by up to four times this year, as fears of a global trade war rise.   US President Donald Trump has said he would impose tariffs of 25% on Mexico,

Markets are betting on an interest rate cut at the first MPC meeting of the year, bringing the base rate to 4.5%

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target

The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it juggles the need to help the sluggish economy with still-strong inflation pressures.

The Bank of England was widely expected to cut its key interest rate on Thursday to help support weak British growth even if UK inflation stays elevated.

The Bank of England (BoE) is expected to cut interest rates on Thursday, marking its third reduction since the COVID-19 pandemic. With the economy struggling due to rising costs, tax hikes by Finance Minister