Bank of England Expected to Hold Rates at 3.75% Amid Weak UK Jobs Data, Morgan Stanley Says

According to Morgan Stanley analyst Bruna Skarica on June 18, the Bank of England is expected to maintain interest rates at 3.75% over the coming months. Weak UK employment data released Thursday reduced the need for rate hikes to combat inflation, supporting the central bank's case for holding rates steady in the near term.
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