The Bank of England's decision is closely related to the Fed's policy path. On June 18, the Fed kept interest rates unchanged at 4.25%-4.50%, lowered its growth forecast for 2025 and raised its inflation forecast, showing its vigilance against inflation. The Bank of England cut interest rates in sync with the Fed (both cut 100 basis points cumulatively), but the market expects the Fed to cut another 50 basis points this year, while the Bank of England may only cut 25-50 basis points, reflecting the divergence of the inflation and growth environments of the two countries. The inflation pressure in the UK (3.4%) is higher than that in the United States (about 2.6%), but the economic weakness is even greater, forcing the central bank to strike a difficult balance between fighting inflation and preventing recession.#VeteranIBSuccessStory#CommunityAMA