[Bank of America: Lower Inflation Expectations Increase the Likelihood of a March Rate Cut by the Bank of England] Jin10 Data, February 27 – According to a survey jointly conducted by YouGov and Citigroup, the British public's inflation expectations declined in February, leading Bank of America economists to believe that the Bank of England may lower interest rates in March. They stated: 'Our baseline expectation remains that a softening labor market, declining inflation, and slowing wage growth should prompt the Bank of England to cut rates in March.' Data from LSEG shows that the market estimates an 83% probability of a rate cut by the Bank of England in March.