The Bank of England Is Deeply Divided, But We're Expecting A Rate Cut This Week
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ING Economic and Financial Analysis4.96K FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe Bank of England is heavily divided. Four of the nine-strong committee are pushing for faster rate cuts; another four think the opposite.Nothing that's happened since November's meeting is likely to change their minds, though we think Governor Andrew Bailey will swing in favour of a cut this week.We expect further cuts in February and April 2026.
Getty Images By James Smith, Developed Markets Economist, UK A rate cut is more contentious than market pricing suggests Could the Bank of England shock everyone and keep rates on hold when it meets on 18 December? For investors, itThis article was written byING Economic and Financial Analysis4.96K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.