Preview: BoE To Keep Rates On Hold, Amid Strong Growth and Above-Target Inflation

by Brunello Rosa and Nato Balavadze

In this paper we discuss:

• Our assessment of the UK economy, which remains resilient in spite of the trade- and war-related uncertainties;
• The pause we expect in the BoE’s easing cycle this month; 
• How the economy has performed against the May forecasts; 
• The expected market reaction. 

Download PDF: BOE Preview June 2025