- Analytics
- News and Tools
- Market News
- BoE to cut interest rates in early 2020 – Danske Bank
BoE to cut interest rates in early 2020 – Danske Bank
Danske Bank analysts note that as per expectations, a majority of the policymakers at the Bank of England voted to keep the Bank Rate unchanged at 0.75%.
"The Bank of England repeated that it thinks GDP growth will 'pick up from current below-potential rates, supported by the reduction of Brexit-related uncertainties, an easing of fiscal policy and a modest recovery in global growth'. While we agree we are about to see a modest recovery in global growth, we think UK growth will remain subdued for domestic reasons and thus expect Bank of England to cut interest rates in early 2020."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
