Europe cuts rates while the US signals caution: What will the UK do?

As the UK approaches its upcoming Budget, interest rates remain a focal point. While the European Central Bank is expected to cut rates due to slowing growth, strong US economic data could slow down the Federal Reserve’s rate cuts. These international factors, combined with domestic concerns such as rising wages and inflation, are creating uncertainty about the future of UK interest rates. Investors must watch closely as the budget approaches, which could shape rate-cutting decisions. Read the full article to explore how international factors are influencing UK interest rates.