Core Viewpoint - The Governor of the Bank of England, Andrew Bailey, indicated that interest rates are expected to trend downwards in the future [1] Group 1 - The Bank of England's current stance suggests a shift in monetary policy that may lead to lower borrowing costs [1] - This potential decrease in interest rates could have significant implications for the UK economy, influencing consumer spending and business investment [1] - Market expectations are adjusting in response to the central bank's signals regarding future rate movements [1]