---
title: "The Bank of England is still expected to make three more interest rate cuts."
publisher: "Share Talk"
author: "sharetalk"
published: "2025-07-17T14:53:58+00:00"
modified: "2025-07-17T14:57:23+00:00"
date: 2025-07-17
canonical: "https://www.share-talk.com/the-bank-of-england-is-still-expected-to-make-three-more-interest-rate-cuts/"
category: "B2B"
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---

# The Bank of England is still expected to make three more interest rate cuts.

**Published:** July 17, 2025
**Author:** sharetalk
**Categories:** B2B, Blogs, Technology, Technology, Media & Telecoms
**Tags:** Andrew Bailey, BANK, Bank of England, banking, BARC, Barclays, Benchmark, BoE, buyback, Chancellor, childcare, CME Group, consumers, Coverage, CS Venkatakrishnan, domestic, energy bill, England, FCA, Fed, Federal Deposit Insurance Corporation, Federal Reserve, FREE, FTSE 100, FTSE 250, FTSE100, futures, Goldman Sachs, household, HSBC, HSBC Holdings, Inflation, investors, Jeremy Hunt, Legal & General, lending, Lloyds Banking Group, London, midcap index, NatWest Group, Ofgem, pandemic, price cap, Prime Minister, program, Prudential, Qatar, Regulators, Rishi Sunak, SEC, Serious Fraud Office, share, Share Talk, ShareHolders, silicon valley, Silicon Valley Bank, SIVB, SVB, The Bank of England, Traders, Treasury, UK, Underground, USA, Wall Street
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**Citi Expects Three More Bank of England Rate Cuts This Year**

Citi still expects the Bank of England to cut interest rates three more times this year, following a rise in unemployment.

The Wall Street bank said the Monetary Policy Committee (MPC) is likely to continue with a “gradual and careful” approach. It predicts rate cuts in August, November, and December, lowering the base rate from its current 4.25% to 2.75% by mid-2026.

Citi economist Michel Nies said the latest data points to a stagflationary trend, with inflation rising to 3.7% in June, the economy shrinking in May, and the labour market starting to weaken.

He noted that the deterioration in job data could be a stronger signal than the inflation figures, which temporary factors may distort. However, he added that the loosening in the labour market isn’t yet strong enough to convince a majority of MPC members to support back-to-back cuts starting in September.

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