BoE 25bps cut 'nailed on' but analysts warn labour market 'cracks are beginning to show'

Larger rate cut deemed unlikely

Linus Uhlig
clock • 3 min read

While financial markets have already priced in the likely prospect of a 25-basis point cut to the Bank of England rate today (8 May), analysts and economists warned that close attention must be paid to any comments from the BoE about its potential future rate-cutting path.

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