Bank of England November 2025 rate decision
The post Bank of England November 2025 rate decision appeared on BitcoinEthereumNews.com.
A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty Images LONDON — The Bank of England on Thursday is set to make its last interest rate decision before the Autumn Budget later this month, with economists saying that although the central bank is more likely to hold rates steady, it’s not a given. “We can never know for sure which way any meeting will go, but this one is … one of the hardest to call for some time,” Dean Turner, chief euro zone and U.K. Economist at UBS Global Wealth Management’s Chief Investment Office, said Tuesday. “It’s not a case of whether they will cut interest rates at some point — the answer to that is yes, we believe they will … if policy is tight, inflation is falling, and growth is lacklustre, then interest rates are going to come down. The hard part is anticipating when,” he added. Economists have forecast, for the most part, that a majority of the BOE’s nine-member monetary policy committee (MPC) will vote to keep its key interest rate, known as Bank Rate, unchanged at 4% at its November meeting. There are some dissenters, however, with the likes of Barclays, Nomura, Mizuho and Unicredit believing there could be a surprise cut today, to 3.75%. Julien Lafargue, chief market strategist at Barclays Private Bank, conceded Tuesday that while there was a case for a rate cut this month, it was “a very finely balanced decision.” In any case, there is a general consensus that rate-setters could trim rates as soon as December, and will cut again over the coming year in response to expected cooling inflation — the rate of which remained unchanged for the third…