J.P. Morgan Forecasts Surprise September Rate Cut for Bank of England, Boosting Economic Stimulus

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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