BOE

BofA the next in line to pull BOE rate cut forecast for September

• The firm now expects the BOE to cut twice more, one in August and the next in November

Citi also pulls call on the BOE cutting the bank rate in September

• Citi takes on a similar view as Goldman Sachs with their latest forecast change

Goldman Sachs pulls call on the BOE cutting the bank rate in September

• The firm previously expected the BOE to cut by another 25 bps at the end of this quarter

BOE's Mann: My view is it's going to take some effort to get inflation down

UK events for Wednesday include a Bank of England speaker and CPI data for June

• CPI data is expected steady

Bailey urges global cooperation to ease financial risks, remains cautious on digital pound

• Bank of England Governor Bailey with not much at all on the UK economy nor monetary policy

BOE Mann: inflation is still a challenge

• BOE Mann speaking

BOEs Bailey: Uncertainty continues to weigh on growth expectations

• BOE Bailey in a letter to g20 finance ministers and central bank governors

Newsquawk Week Ahead: US CPI and Retail Sales, UK CPI and Jobs report, China trade and GDP

• Next week highlights include US CPI and Retail Sales, UK CPI and Jobs report, China trade and GDP, Aussie Jobs, and CPI from Canada and Japan.

Bank of England Deputy Governor, Financial Stability, Sarah Breeden speaks Thursday

• ‘Weathering the storm: stability in a changing climate’

Heads up - Bank of England Governor Andrew Bailey is speaking over the weekend

• Bank of England Governor Bailey speaking on Saturday

BOE Monetary Policy Committee member Taylor is speaking on interest rates on Friday

• Bank of England

BOE's Taylor: I think five rate cuts are needed in 2025

• That suggests he's looking for three more rate cuts from hereon

BOE's Taylor says don't think bigger rate cuts are necessarily needed or desirable

• Remarks by BOE policymaker, Alan Taylor

UK wage growth picks up, raising pressure on Bank of England over inflation outlook

• Median UK pay awards rose to 3.4% in the three months to May, up from 3.2%