Bank of England Might Hold Off on Rate Cut: A Hushed Circus of Opinions
Stakeholders are buzzing about a May rate cut, but savvy economists point to a cautionary tale that might leave the Bank of England stuttering before the drums of change.
Gabriel McKeown – “We’re Not Going to Swim in a Bubble of Hysteria”
Head of Macroeconomics at Sad Rabbit, Gabriel believes the Bank will stay wary of inflation despite market chatter.
- “Inflation’s still in the ring, global policy’s a bit of a blender, so the BoE is likely to keep its cool.”
- “The tricky part? Social media has turned central banking into a viral PR stunt – think Trump tariffs, Trump tantrums.”
- “A cut may feel like a breath of fresh air, but a stumble could turn the wick into a fire.”
Rob Mansfield – “Cutting Rates is the Easy Button, in a Hub-Break”
Rootes Wealth Management’s independent adviser says markets crave cuts, yet the BoE’s real job is to hold inflation hostage.
- “Stocks are dancing—let’s not confuse that with real growth.”
- “Tariffs might turn inflation into a booster rocket; a cut could rocket it out of control.”
- “If the Bank just flips the switch, we could be in for a loop‑tyke.”
Tony Redondo – “The BoE is a Late‑to‑The‑Party—Beat Them One Step Ahead”
Cosmos Currency Exchange’s founder thinks the public may be over‑excited about a May cut.
- “70%‐plus probability of a cut in May, but we might be in for a turbo rally because of Trump tariffs.”
- “Real‑world growth forecasts have taken sunscreen‑level dip to 0.75%.”
- “Inflation’s running at 3.75% by Q3 2025—still too hot to let the Bank ease.”
Scott Gallacher – “Wait & See, Not a Step & Flip”
Rowley Turton’s director says UK wages are resilient, so the BoE may hold its ground.
- “If the bank keeps the gun hand‑up, it’ll be waiting for a real shock.”
- “Liberation Day may keep the policy from swaying; stay dry for next day.”
Harry Mills – “Boots On The Ground: Time to Spread the Carpet”
Oku Markets’ manager has become a firm believer in a cut.
- “April’s tax hikes and wage increases might push inflation sideways.”
- “Growth’s tail‑wind doesn’t justify a lax approach.”
- “A lower rate could be a safer swap for a slightly above‑target inflation.”
In short, the experts think the BoE will take a slower, more measured path than the market’s eager twinkle. The final decision in May may arrive as a gentle tap or razor‑sharp cut, depending on the weight of inflation and global policy jitters.
