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Bank of England Holds Rates at 4%
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Why This Matters
The Bank of England maintained interest rates at 4% in a closely contested vote, with a possible rate cut in December on the horizon as inflation is expected to peak at 3.8% in September.
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Article Context
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The Bank of England held interest rates at 4% in a tight vote that laid the groundwork for a December cut. Five members of the Monetary Policy Committee voted to leave policy unchanged, with Governor Andrew Bailey swinging the decision, while four called for a quarter-point cut to 3.75%. The BOE said September inflation of 3.8% “is likely to be the peak.” Bloomberg’s Lizzy Burden reports.
Original article published by
Bloomberg
on November 6, 2025.
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Analysis and insights provided by AnalystMarkets AI.