Bank of England remains cautious amid uncertainty

The Bank of England is expected to cut UK interest rates twice by the end of the year. With inflation above target, and global tensions and policies causing concern, it is not known when rates will stop being reduced and at what level. Interest rates are higher in the UK than in the eurozone and across the pond. Worldwide oil prices and the impact of tariffs are causing concerns, as well as domestic tax rises for businesses; these factors have caused the Bank of England to approach rate cuts cautiously. What will the terminal UK interest rate level be? Should rate cuts be made quicker? How...