Further rate cut looks likely

A further interest rate cut is looking increasing likely. We have pencilled in a 25bps reduction in November, taking official rates to 0.25%. And it is possible that the Monetary Policy Committee (MPC) takes rates even closer to zero, following the examples of the US Fed and Bank of Japan.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.