BOE Decision: Interest Rates Expected to Stay on Hold

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The Bank of England is expected to keep interest rates at 4% in a closely contested decision, ending a run of quarterly reductions. Markets and economists anticipate this move, which would slow the pace of rate cuts. The decision is set to be announced on Thursday.

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Neutral
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80%

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The Bank of England will likely keep interest rates unchanged on Thursday in a closely contested decision that would end a run of quarterly reductions. Markets and economists expect the UK central bank to hold the benchmark rate at 4%, slowing the gradual once-a-quarter pace to cuts it has maintained since August 2024. It will announce the decision at 12 p.m. in London, followed by a press conference led by Governor Andrew Bailey half an hour later. Bloomberg’s Lizzy Burden reports.

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Original article published by Bloomberg on November 6, 2025.
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