Bank of America Revises UK Interest Rate Cut Forecast to Mid-2026

Bank of America Global Research has updated its forecast for the Bank of England's interest rate cuts. According to Jin10, the new prediction suggests that the Bank of England will reduce interest rates by 25 basis points in both June and September 2026. This revision shifts the previously anticipated rate cuts from March and June of the same year. The adjustment reflects changing economic conditions and expectations for the UK's monetary policy trajectory.