1320 GMT - The Bank of England is expected to cut interest rates by 25 basis points to 4.50% on Thursday, TD Securities analysts say in a note. The BOE is likely to keep policy guidance unchanged, the analysts say. However, the likelihood of interest rate cuts at subsequent meetings is rising, TD Securities says. Markets place a 97% probability of a BOE rate cut this week, LSEG Refinitiv data shows. (miriam.mukuru@wsj.com.)
(END) Dow Jones Newswires
February 05, 2025 08:20 ET (13:20 GMT)
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