Odaily星球日报讯 英国中央银行英格兰银行于北京时间 8 月 1 日晚宣布降息 25 个基点，将基准利率从 5.25%下调至 5%，这是英国央行 2020 年 3 月以来首次降息，符合市场预期。

英格兰银行宣布降息25个基点，2020年3月以来首次

Odaily Odaily reported that the Bank of England, the central bank of the United Kingdom, announced a 25 basis point interest rate cut on the evening of August 1, Beijing time, lowering the benchmark interest rate from 5.25% to 5%. This is the first interest rate cut by the Bank of England since March 2020, which is in line with market expectations.

The Bank of England announced a 25-basis-point interest rate cut, the first since March 2020.

Odaily Planet Daily reported that PGIM's Chief U.S. Economist Porcelli stated that due to the slowdown in cyclical hiring over the past few months, the U.S. has shifted its focus from inflation to a loosening labor market, allowing the Federal Reserve to begin cutting interest rates in September. It is expected that the Federal Reserve will announce an interest rate cut at tonight's meeting. Another rate cut is likely at the December meeting, and the possibility of a November rate cut cannot be ignored. It is expected that the Federal Reserve will cumulatively cut interest rates by about 150 basis points by the end of 2025. (Gold Ten)

PGIM: The Federal Reserve is expected to cumulatively cut interest rates by about 150 basis points by the end of 2025.

Odaily Odaily reported that ECB board member Stournaras said that he still expects two interest rate cuts in 2024, and the decision in September will depend on the data. The risk of inflation falling below 2% in the medium term is increasing. (Jinshi)

European Central Bank Governing Council member Stournaras: We still expect two rate cuts in 2024.

Author: Stephen Alpher, CoinDesk; Translated by: Tong Deng, Jinse Finance
This week, the three major central banks will hold policy meetings, and the results of each central bank are expected to be at least somewhat different.
The Bank of Japan will make the first decision on Wednesday (Tuesday evening US time), and analysts are divided on whether the Bank of Japan will raise the policy interest rate from the current 0%-0.1% or signal an impending rate hike. As is well known, Japan's inflation rate has been above the central bank's 2% target for some time, and the yen, although it has risen recently, is still hovering around multi-decade lows against the US dollar...