1507 GMT - The Bank of England is expected to cut interest rates three more times by the end of 2025, taking its key policy rate to 3.75%, Oxford Economics' Andrew Goodwin says in a note. "With the outlook for demand softening in response to U.S. tariff announcements, the case for loosening monetary policy more quickly than we previously anticipated is strong," he says. The BOE could be cautious in its approach to rate cuts, however, due to concerns about inflationary pressures, Goodwin says. Markets price in a total of 80 basis points of BOE interest rate cuts by the end of this year, LSEG data show.(miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
April 15, 2025 11:07 ET (15:07 GMT)
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