BoE lowered the Bank Rate from 5.00% to 4.75% as expected. 8 of the 9 MPC members voted for the rate cut. But BoE stopped short of signaling faster easing, warning that the budget could drive up inflation by as much as half a percentage point. - Sky-Tide Marketing

BoE lowered the Bank Rate from 5.00% to 4.75% as expected. 8 of the 9 MPC members voted for the rate cut. But BoE stopped short of signaling faster easing, warning that the budget could drive up inflation by as much as half a percentage point.

November 7, 2024

BoE lowered the Bank Rate from 5.00% to 4.75% as expected. 8 of the 9 MPC members voted for the rate cut. But BoE stopped short of signaling faster easing, warning that the budget could drive up inflation by as much as half a percentage point.

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