BOE cuts bank rate by 25 bps to 4.25%, as expected

Forex Short News
  • Prior 4.50%
  • Bank rate vote 7-2-0 vs 8-0-1 expected
  • A gradual and careful approach to further withdrawal of monetary policy restraint remains appropriate
  • Statement details to follow..

This article was written by Justin Low at www.forexlive.com.