BoE to deliver a 25bps cut in January 2020 – Danske Bank

Sandeep Kanihama FXStreet Contributor

Danske Bank analysts suggest that following the dovish policy signal sent by Bank of England last week, they now expect it to deliver a 25bp cut at its next 'big' meeting in January 2020, taking the Bank Rate to 0.50%.

Key Quotes

“This forecast does not depend on the election outcome, although we believe a cut would be more likely in the event of a hung parliament.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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