Market Analysis: This should be the Bank of England's last interest rate cut of the year

ChainCatcher news, according to analysis reports from foreign media, the increase in government spending in the UK has cast a shadow over the outlook for price pressures. The Bank of England, after cutting interest rates by 25 basis points as expected, also stated that if the economy develops as anticipated, borrowing costs may continue to gradually decline, which confirms market pricing that this is the last rate cut of 2024. (Jin Ten)