Bank of England's Rate Decision: Uncertainty Looms
Update: 2025-11-05
Description
The Bank of England is poised to make a critical interest rate decision on November fifth, with financial experts divided on whether they'll maintain the current four percent rate or cut it further. Inflation has stabilized at three point eight percent, lower than anticipated, and wage growth has decelerated faster than expected. Bank of America predicts a six-to-three vote to keep rates steady, while Deutsche Bank anticipates a close call with a six-two-one vote split, potentially including a quarter-point or half-point cut. The outcome of the upcoming Autumn Budget is a significant factor, with markets pricing in a thirty percent chance of a rate cut this month.
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