BoE leaves door open for December rate cut after 'dovish hold'

Decision ‘second fiddle’ to the Budget

Michael Nelson
clock • 2 min read

Weakening UK data could pave the way for a potential rate cut in December after the Bank of England’s (BoE) Monetary Policy Committee (MPC) narrowly voted to keep interest rates at 4% by five votes to four at its meeting today (6 November).

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