Bank of England Lowers Interest Rate to 4.25% – Guido Fawkes

Bank of England Lowers Interest Rate to 4.25%

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The Monetary Policy Committee of the Bank of England has voted to cut interest rates by 25 basis points to 4.25%. After holding at 4.5% last month…

“The MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4.25%. Two members preferred to reduce Bank Rate by 0.5 percentage points, to 4%. Two members preferred to maintain Bank Rate at 4.5%.” Interesting split…

The BoE notes: “underlying UK GDP growth is judged to have slowed since the middle of 2024, and the labour market has continued to loosen.” Tariff uncertainty weighing heavy on the analysis…