Bank of England Maintains its “Gradual and Careful Approach” to Easing, but More Rate Cuts Are On the Horizon

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Review: Bank of England Maintains its “Gradual and Careful Approach” to Easing, but More Rate Cuts Are On the Horizon

By Brunello Rosa and Nato Balavadze

20 March 2025

In this paper we discuss:

• The BoE’s assessment of the UK economy; 
• What the BOE did in March and could do in coming months;
• How the economy has performed compared to the February’s forecasts; and
• The expected market reaction.

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Download PDF: BOE Review – March 2025

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