[Golden Finance] reported that UK interest rate futures are pricing in a 46 basis point rate cut by the Central Bank of the UK for the remainder of 2025, while the expectation before the labor market data was a 39 basis point cut.
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UK labor data drives market expectations: Central Bank may cut interest rates by 46 basis points in 2025.
[Golden Finance] reported that UK interest rate futures are pricing in a 46 basis point rate cut by the Central Bank of the UK for the remainder of 2025, while the expectation before the labor market data was a 39 basis point cut.