After the release of wage data in the United Kingdom earlier on Tuesday, the money market further reduced expectations for a rate cut by the Bank of England in 2025. Traders expect a rate cut of about 59 basis points by December 2025, equivalent to two cuts of 25 basis points each, with the probability of three cuts being less than 40%, down from 90% before the report was released.
交易员认为英国央行2025年三次降息的可能性不到40%
Traders believe that the likelihood of the Bank of England lowering interest rates three times in 2025 is less than 40%.
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