Mumbai, May 8 -- All eyes are on the Bank of England's policy decision this Thursday, with markets expecting a 25 basis point cut to 4.25 percent. This comes as inflation fell to 2.6 percent in March, bolstering the case for easing. It's the BoE's first meeting since Donald Trump's tariffs were announced, sparking fresh worries about UK growth. Investors are closely watching for any change in tone or forecasts and the breakdown of the Monetary Policy Committee's vote. The central bank will announce its decision and updated outlook slightly later than usual, at 11:02 PM GMT. Markets have nearly priced in four cuts by the end of 2025, with the BoE expected to maintain its "gradual and careful" approach to easing.

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