Bank of England committee was so divided there were two votes on interest rates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 07 2025
0mins
Source: MarketWatch
Voting Dilemma: The Bank of England faced a challenge with its nine-member committee as opinions on interest rate changes were split, resulting in no clear majority.
Vote Breakdown: Four members supported maintaining current rates, four favored a quarter-point cut, and one member proposed a half-point reduction.
Analyst Views on GBPUSD
Wall Street analysts forecast GBPUSD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GBPUSD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 1.350
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
