2025-08-07 12:49:05

Jin10 data reported on August 7 that LSEG's data shows the currency market expects an 81% chance of the Central Bank of the UK cutting interest rates in December, down from the previous expected 96% before the rate decision. The market also believes that there is only about a one-third chance of the Central Bank of the UK cutting rates in November, which will maintain the recent quarterly rate-cutting pace of the Central Bank of the UK. EFG Asset Management analyst Joaquin Thul stated in a report that the Central Bank of the UK may remain cautious as it expects inflation to reach twice the target level of 2.0% by September.

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Xiniany

· 08-07 12:49

Jin10 data reported on August 7 that LSEG's data shows the currency market expects an 81% chance of the Central Bank of the UK cutting interest rates in December, down from the previous expected 96% before the rate decision. The market also believes that there is only about a one-third chance of the Central Bank of the UK cutting rates in November, which will maintain the recent quarterly rate-cutting pace of the Central Bank of the UK. EFG Asset Management analyst Joaquin Thul stated in a report that the Central Bank of the UK may remain cautious as it expects inflation to reach twice the target level of 2.0% by September.

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