BREAKING: Bank of England Lowers Interest Rates to 4%
The Monetary Policy Committee of the Bank of England has voted to cut interest rates by 25 basis points to 4%, as expected by market watchers. After holding at 4.25% last month…
That’s the third rate cut this year. The BoE: “At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%.” Four voted to maintain at 4.25%, one voted to cut to 3.75%…
The bank is dour on growth: “Underlying UK GDP growth has remained subdued, consistent with a continued, gradual loosening in the labour market… Downside domestic and geopolitical risks around economic activity remain, although trade policy uncertainty has diminished somewhat.” Inflation predicted to rise to 4% next month…