Most economists expect rates to be left unchanged when the Bank’s Monetary Policy Committee (MPC) announces its next decision later this week
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Most economists expect rates to be left unchanged when the Bank’s Monetary Policy Committee (MPC) announces its next decision later this week
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The Monetary Policy Committee vote turned out much closer than anticipated, with a 5-4 result paving the way for future cuts
The Bank of England opted to keep rates at 4 per cent in early November - but next month will be a different proposition
The bank rate has been held at this level since 22 December 2025
Economists expect rates to reach the government target of 2 per cent by around April
The current base rate is 4% but analysts are split over whether another cut is incoming
Monetary Policy Committee members are likely to vote on a cut down to 4 per cent which will hamper savings but boost the mortgage…
