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GBP/USD. Price Analysis. Forecast. Will the Bank of England Maintain a Tight Policy?
According to a Reuters survey published
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According to a Reuters survey published on Wednesday, the Bank of England is likely to maintain its cautious stance, given that inflation remains above target. Of the 56 surveyed economists, 27 predict the central bank will keep the interest rate at 3.75% for the entire year; 7 anticipate at least one rate cut, while 22 expect at least one rate hike.This divergent array of forecasts highlights ongoing uncertainty about the UK's economic situation: the disinflation process is proceeding slowly, and
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