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The Bank of England lowered the rate to 4.25%

May, 08 2025

During the meeting held on May 8, the Bank of England announced a reduction in the interest rate to 4.25% from the previous level of 4.5%. As noted in the published statement of the regulator, the decision was in line with the expectations of experts.The vote on the rate cut was controversial: five members supported reducing the rate to 4.25%, while two insisted on a more significant reduction to 4%, and two more favored maintaining the previous level of 4.5%. This alignment of votes highlights ... Read More

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