BOE Cuts Rates and Suggests It May Ease Further in 2026

A split decision. Although the consensus was to cut rates as widely as expected. Yeah, it looks like that.Weaker than expected UK CPI print that we got yesterday didn't actually make this more dovish or cut as perhaps was expected. I was speaking to Bonnie Bhatia of UBS this morning. He had thought that maybe it would be a90 vote split for a cut.It is exactly what was expected before the CPI print five four. You've got the governor as the deciding vote, Andrew Bailey, going for a cut this time rather than a ...