Dowming Securities expects the Bank of England to maintain its quarterly rate cut pace.

The strategist at Davy Securities said in a report that after the Bank of England makes its interest rate decision on Thursday, it may continue with its quarterly rate cut pace. Data from LSEG shows that investors believe there is a 96% chance of a 25 basis point rate cut by the Bank of England this week, so the focus will be on forward guidance. The strategists stated: "It is unlikely that the forward guidance will change, and the balanced risks suggest that the Monetary Policy Committee continuing to take a 'gradual and cautious approach' is appropriate."