The Bank of England's decision on Thursday is imminent—how will the signaling of a rate cut shake up GBP/USD?
**Weakening Inflation Opens the Door for a Rate Cut**
On Thursday (December 18), the UK’s central bank is set to announce its December interest rate decision, with market expectations quite clear—cutting by 25 basis points to 3.75%. This will be the fourth adjustment by the Bank of England this year and will mark the lowest level in nearly three years. According to market research, the probability of a rate cut has exceeded 90%, and the market generally expects another rate reduction b
View Original**Weakening Inflation Opens the Door for a Rate Cut**
On Thursday (December 18), the UK’s central bank is set to announce its December interest rate decision, with market expectations quite clear—cutting by 25 basis points to 3.75%. This will be the fourth adjustment by the Bank of England this year and will mark the lowest level in nearly three years. According to market research, the probability of a rate cut has exceeded 90%, and the market generally expects another rate reduction b