BoE to deliver a 25bps cut in January 2020 – Danske Bank

Danske Bank analysts suggest that following the dovish policy signal sent by Bank of England last week, they now expect it to deliver a 25bp cut at its next 'big' meeting in January 2020, taking the Bank Rate to 0.50%.

Key Quotes

“This forecast does not depend on the election outcome, although we believe a cut would be more likely in the event of a hung parliament.”