Analyst: Uncertainty continues to rise, and the pace of interest rate cuts by the Bank of England is expected to be difficult to accelerate.

On March 20, Jinshi Data reported that Luke Bartholomew, an analyst at Aberdeen, stated in a report that amid the increasing uncertainty surrounding UK fiscal policy, rising labor costs, and global trade policies, the Bank of England may maintain a gradual pace of interest rate cuts. He remarked, “Before some uncertainties are resolved, it will be difficult for the Bank of England to accelerate the rate-cutting cycle.”