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Macro - Weekly Briefings - United Kingdom

Publisher Oxford Economics
Published Jun 20, 2025
Length 5 Pages
SKU # OFE20204974

Description

As expected, the Monetary Policy Committee kept Bank Rate on hold at 4.25% this week. But both the tone of the minutes and the vote were more dovish than we had anticipated. We think an August rate cut is almost certain, with a November cut likely to follow. The MPC also seemed more open to adding an extra rate cut, if the labour market downturn deepens.

Table of Contents

5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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