November BoE Decision: A Divisive, Dovish Pause

Core Viewpoint - The Bank of England maintained the Bank Rate at 4.00% in November, indicating a cautious approach as inflation shows signs of cooling, with a close 5-4 vote reflecting internal committee concerns about maintaining tight policy [1] Group 1 - The decision to hold the Bank Rate at 4.00% suggests a pause in monetary policy tightening amid decreasing inflation [1] - The 5-4 split in the committee vote indicates increasing unease regarding the potential risks of keeping policy too restrictive [1]