Nomura's Rochester Sees BOE Shift to Rate Cuts in May

Nomura's Rochester Sees BOE Shift to Rate Cuts in May

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For your information, you can find below the description of the video Nomura's Rochester Sees BOE Shift to Rate Cuts in May published by the Youtube channel Bloomberg Markets and Finance:

Jordan Rochester, G10 FX strategist at Nomura, says he expects the Bank of England to transition to a more dovish policy stance next year in response to the looming UK recession. "We're looking for May cuts from the Bank of England" he says on Bloomberg Television. "In Q4 and Q1 the story will change for central banks even though we'll have high inflation."