Central Banks Expected to Hold Off on Rate Cuts Amid Inflation Concerns

Bank of England and other major central banks likely to delay rate cuts, prioritizing economic stability and monitoring inflation trends.

Bank of England likely to maintain current interest rates amid upcoming General Election.
Global central banks, including those in Australia and Switzerland, are expected to delay rate cuts due to inflation concerns.
Recent data suggests that inflation is still a significant factor, influencing policymakers to hold off on reducing borrowing costs.
The Federal Reserve and other major banks are adopting a cautious approach, with potential rate cuts pushed to later in the year.
Economic indicators from the US, China, and other major economies will be closely watched for signs of shifting monetary policies.