# Financial markets pricing in too many rate cuts, warns Bank policymaker

> Financial markets are pricing in too many UK interest rate cuts, according to Bank of England policymaker Catherine Mann, who also said the UK should not be expected to cut ahead of the US and eurozone. Markets price a cut to about 4.5% by year-end, while Governor Andrew Bailey said the economy is not yet ready for lower rates.

- Date: 2024-03-26 · published 2024-03-26T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/31467-financial-markets-pricing-in-too-many-rate-cuts-warns-bank-policymaker
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Rate expectations drive sterling and dollar moves, which affect the relative cost of imported feed ingredients for UK buyers; the direct price effect on feed commodities is limited.

## Sources

- kentonline.co.uk: https://www.kentonline.co.uk/news/national/financial-markets-pricing-in-too-many-rate-cuts-warns-bank-policymaker-113774/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.