0944 GMT - The Bank of England is likely to signal additional interest-rate cuts at future meetings due to concerns about high interest rates hurting U.K.'s growth, XTB's Kathleen Brooks says in a note. Such a signal would likely cause gilt yields to fall, she says. BOE monetary policy members are likely to advocate for faster rate cuts to prevent U.K. inflation from falling below the 2% target. The 10-year gilt yield edges up 2 basis points to last trade at 4.451% after yields fell sharply on Wednesday, Tradeweb data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
February 06, 2025 04:44 ET (09:44 GMT)
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