Central Bank Policy

Bank of England Holds Rates Amid Inflation Concerns

With Katharine Neiss, PhD — Mar 20, 2025

2 mins watch

network low poly background
View Transcript

PGIM Fixed Income's Deputy Head of Global Economics, Katharine Neiss, PhD, reacts to the Bank of England's March Monetary Policy Meeting where the Bank maintained interest rates at 4.5%, citing persistent inflation and wage growth above the 2% target. While rates remain steady for now, Katharine anticipates another four cuts in 2025, reducing rates to 3.5% by year-end.

Thank you for your interest in PGIM Fixed Income.

Let us help you navigate today's complex market environment.