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Will interest rates be cut today? The key factors for the Bank of England and 2025 predictions
The Bank of England’s (BoE) next meeting to determine interest rates is on Thursday 7 August, and all eyes will be on the Monetary Policy Committee (MPC) and whether its members opt to continue lowering rates. The base rate - currently at 4.25 per cent following cuts in February and May - impacts consumers and taxpayers through everything from their mortgages to savings, so what do experts foresee both next week and beyond? Will interest rates be cut? Almost definitely yes - in fact it would be quite the shock at this stage if not. We have been seeing the MPC opt for a quarterly rate this year, in line with ... (full story)
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The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably. At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%. There has been substantial disinflation over the past two and a half years, following previous external shocks, supported by the restrictive stance of monetary policy. That progress has allowed for reductions in Bank Rate over the past year. The Committee remains focused on squeezing out any existing or emerging persistent inflationary pressures, to return inflation sustainably to its 2% target in the medium term. The path of disinflation in underlying dom #BOE *BANK OF ENGLAND CUTS KEY INTEREST RATE TO 4% AFTER 5-4 VOTE - BBG *BOE: 5 VOTED FOR QUARTER-POINT CUT, 4 TO KEEP RATE UNCHANGED *BOE's Taylor Voted For Cut To 3.75%, But Backed Move To 4% In Second Vote *BOE SEES INFLATION PEAKING AT 4% IN SEPTEMBER, UP FROM 3.7% 
Bank of England cuts interest rates by a quarter point to 4% as balancing act continues The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a “gradual and careful” approach to lowering interest rates. The BOE was widely expected to trim rates by 25 basis points at its latest monetary policy meeting, but traders and economists were keen to see the breakdown of support for the decision among the bank’s policymakers. As it turned out on Thursday, the nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the “Bank Rate,” by 25 basis points rather than keeping it on hold. Policy makers have had to weigh up sticky inflation — the consumer pr
Bank of England cuts interest rates by a quarter point to 4% as balancing act continues The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a “gradual and careful” approach to lowering interest rates. The BOE was widely expected to trim rates by 25 basis points at its latest monetary policy meeting, but traders and economists were keen to see the breakdown of support for the decision among the bank’s policymakers. As it turned out on Thursday, the nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the “Bank Rate,” by 25 basis points rather than keeping it on hold. Policy makers have had to weigh up sticky inflation — the consumer pr
From kitco.com | Aug 7, 2025
Gold is selling off against the sterling after the Bank of England lowered its benchmark interest rate. In a much-anticipated move, the BoE cut its Bank Rate by 25 basis points to 4.00% early Thursday morning. Five of nine Monetary Policy Committee members voted in favor of the cut, with the other four voting to leave the rate unchanged. The central bank ...
Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this video, the MPC discusses the decisions taken in August 2025 and answers questions from the press.
