RBC the latest to forecast a BOE rate cut
Two cuts and QE are on the cards, according to RBC.
The predict the BOE will cut by 25bps to 0.25% next month, and then will cut another 0.15bps to 0.10% and pump £50bn in new QE.
Earlier today UBS said they were looking for 25bps cuts in Aug and Nov.
And while we're on the subject of his nibs, it was reported yesterday that Carney may cancel his trip to the ECB annual summit in Portugal on Wednesday.
