Analysts had previously predicted one or two cuts during 2026 - with some traders expecting a first cut at the Bank of England's next meeting on 19 March.
Mar 4, 2026 3:09 PM
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Free Fall Associates (John Freeman, Anne Westfall)
“Businesses appear to be nearing a Cortés moment with artificial intelligence,” Zandi wrote on LinkedIn. “That’s my takeaway from fintech company Block’s move to slash its workforce by 40%. While Block didn’t explicitly pin the cuts on AI, it all but did.”
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