J.P. Morgan has revised its 2025 forecast for the Bank of England’s (BoE) interest rates, now expecting an additional cut in September, bringing the year-end rate to 3.5%, down from 3.75%. This aligns with Morgan Stanley and Bank of America, which also predict rates will drop to 3.5% by year-end through multiple cuts. The BoE has already implemented three rate cuts since August 2024, leaving the current base rate at 4.5%
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