The markets are wrong. Bank of England interest rate cuts are on the way
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Dovish Bank of England opens the door to interest rate cuts
"Its likely that we will need to cut Bank Rate over the coming quarters possibly more so than currently priced into market rates," Bailey said.
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Bank of England holds interest rates again but June cut on the cards
“I’m optimistic that things are moving in the right direction,” Andrew Bailey, governor of the Bank of England said.