Core Viewpoint - The Bank of England has lowered the benchmark interest rate by 25 basis points to 4%, marking the fifth rate cut within a year, in response to ongoing economic challenges and inflationary pressures [1] Economic Conditions - The UK economy is experiencing persistent low growth, with domestic and geopolitical risks contributing to a challenging economic environment [1] - The latest forecasts from the Bank of England indicate that food price increases are exacerbating overall inflation, with an expected peak inflation rate of 4% in September, gradually returning to the target level of 2% thereafter [1] Market Expectations - The rate cut aligns with market expectations, as there is a general anticipation of further cuts to prevent economic downturn amid rising unemployment and the impact of US tariff policies on global trade [1]

Group 1 - South Africa has lowered its benchmark interest rate by 25 basis points to 7%, aligning with market expectations [1]

Group 1 - The Bank of Ghana has reduced the benchmark interest rate by 300 basis points from 28% to 25% [1]

Core Point - The Central Bank of Russia announced a reduction of the benchmark interest rate to 18.00% on July 25 [1] Group 1 - The decision to lower the interest rate reflects the bank's response to economic conditions [1] - The new rate aims to stimulate economic growth and manage inflation [1]

Group 1 - The Central Bank of Russia has lowered the benchmark interest rate to 18.00%, matching the forecast and down from the previous rate of 20.00% [1]

Core Viewpoint - The Thai bond market survey indicates that the Bank of Thailand is expected to lower the benchmark interest rate by 25 basis points in the fourth quarter [1] Group 1 - The survey reflects market expectations regarding monetary policy adjustments by the Bank of Thailand [1] - A reduction in the benchmark interest rate could influence borrowing costs and investment decisions within the Thai economy [1] - The anticipated rate cut may also impact the performance of Thai bonds and overall market sentiment [1]

Group 1 - The central bank of Tanzania has lowered the benchmark interest rate from 6% to 5.75% [1]

Group 1 - The Polish central bank has lowered the benchmark interest rate to 5.00%, down from a previous forecast of 5.25% [1]

Core Viewpoint - The Norwegian central bank has lowered the benchmark interest rate by 25 basis points to 4.25% [1] Group 1 - The decision to cut the interest rate reflects the central bank's response to economic conditions [1] - The reduction aims to stimulate economic growth and support financial stability [1] - This adjustment may influence borrowing costs and consumer spending in the Norwegian economy [1]

Core Viewpoint - The Swedish central bank announced a reduction of the benchmark interest rate to 2% on June 18 [1] Group 1 - The decision reflects the central bank's response to current economic conditions [1] - The rate cut aims to stimulate economic growth and support inflation targets [1] - This move may influence borrowing costs and consumer spending in Sweden [1]