0935 GMT / 0535 US Eastern time:
- Bank of England Chief Economist Huw Pill gives speech at Speech at the Institute of Chartered Accountants in England and Wales (ICAEW) Annual Conference
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At its September 2025 meeting, the Bank of England’s Monetary Policy Committee (MPC) voted 7–2 to maintain Bank Rate at 4%, while also approving a £70 billion reduction in the stock of government bonds held for monetary policy purposes over the next year.
Markets expect the BoE to tread cautiously ahead. Further rate cuts remain possible, but their timing will depend heavily on how inflation trends evolve and whether signs of sustained labour-market weakening emerge.
This article was written by Eamonn Sheridan at investinglive.com.