Instant View: BoE cuts rates, surprise vote split sends pound, yields higher By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
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Source: Investing.com
Interest Rate Decision: The Bank of England cut its main interest rate by 0.25 percentage points to 4.25%, with a divided vote among policymakers reflecting concerns over U.S. tariffs impacting global economic growth.
Market Reactions and Future Outlook: Following the decision, the FTSE 100 index saw modest gains, while the pound strengthened against the dollar; analysts suggest further rate cuts may occur later in the year but caution that inflation pressures remain a significant concern.
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.
