This is definitely good news! Market Analysis: Bank of England expected to cut interest rates as UK inflation slows Jin10 News, Dec 17 – Andrew Phillips, Managing Director of V12 Retail Finance Limited, stated in a report that due to UK inflation data coming in lower than expected, the Bank of England is likely to cut interest rates this Thursday. The UK’s annual inflation rate for November dropped to 3.2%, below the 3.5% forecast by economists surveyed by *The Wall Street Journal*. According to LSEG data, the market estimates a 99% probability of a rate cut by the Bank of England this week. The UK rate cut will somewhat offset the market impact of Japan’s rate hike. Plus, the U.S. just cut rates – two against one, this is absolutely bullish for risk assets. Bitcoin rebound incoming. #Bitcoin