Former BOE MPC member Saunders sees cut in August and cash rate to 3.5% at end-2025

BOE will probably cut in AugustSees bank rate down to 3.5% by the end of 2025

Market pricing is 53% for an August cut and the implied rate at the end of 2025 is 4.01%.

This article was written by Adam Button at www.forexlive.com.