Investing.com – The Bank of England is widely expected to cut interest rates Thursday.
Betting odds at 100% of post-Brexit BoE bank rate cut to record low of 0.25%.
BoE may also revive asset purchase program, on hold since 2012.
Inflation report also due out; bank may extend timeframe for inflation goal.
Barclays (LON:BARC) sees U.K. economy contracting 0.3% in Q3 and by 0.4% in Q4.