Bank Of England Cuts Rates In Heavily Divided Decision
Summarize this article with:
ING Economic and Financial Analysis4.97K FollowersFollow5ShareSavePlay(6min)CommentsSummaryThe Bank of England has cut rates to 3.75%, but the decision was more hawkish than expected, leaving market rates higher and sterling slightly stronger.It's a close call whether the Bank cuts again in February or March.But we think the UK will soon look like less of an inflation outlier, and we're expecting two cuts in the first half of 2026. VV Shots/iStock Editorial via Getty Images By James Smith, Developed Markets Economist, UK and Chris Turner, Global Head of Markets and Regional Head of Research for UK & CEE The Bank's decision was more hawkish than expected Going intoThis article was written byING Economic and Financial Analysis4.97K 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.