![BoE Monetary Policy Committee (MPC) member Michael Saunders in an interview.](https://images.forexlive.com/images/Saunders_id_d487c52c-fccb-4005-a3cf-10bc13eced2a_original.jpeg)
Former BoE Monetary Policy Committee member Michael Saunders
- BOE will probably cut in August
- Sees bank rate down to 3.5% by the end of 2025
Market pricing is 53% for an August cut and the implied rate at the end of 2025 is 4.01%.
Market pricing is 53% for an August cut and the implied rate at the end of 2025 is 4.01%.