Interest rates expected to be held as Budget looms

Published: 11/6/2025
Interest rates expected to be held as Budget looms
Bank of England is expected to maintain interest rates at 4% before the chancellor's Budget, following final meetings, despite suggestions for a possible cut based on recent inflation data. Analysts anticipate a split vote within the MPC as inflation in September was higher than the 2% target. The Market remains uncertain on the possibility of a rate cut to 3.75% due to economic indicators, with all eyes on the upcoming Budget's potential impact.