Former BoE Monetary Policy Committee member Michael Saunders
- BOE will probably cut in August
- Sees 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%.
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Former BOE MPC member Saunders sees cut in August and cash rate to 3.5% at end-2025
- Comments from Michael Saunders
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