Deutsche Bank expects the Central Bank of the United Kingdom to vote 8 to 1 in favor of rate cuts

On February 6, Jinshi Data reported that the pound fell as investors remained cautious ahead of the Intrerest Rate decision by the Central Bank of England. This is the first Intrerest Rate resolution since the dumping of UK government bonds last month. Deutsche Bank analysts said in a report, 'In fact, when the pound experienced a big dump, the market has been speculating whether the Central Bank of England will cut interest rates at this meeting.' However, the latest inflation data is lower than expected, which supports the market's bet on another interest rate cut. Deutsche Bank expects the Central Bank of England to vote 8 to 1 in favor of a rate cut.