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Important change in the UK interest rate vote process

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Important change in the UK interest rate vote process

Jun 19, 2025 6:37 AM

The Bank of England revealed the tally of today's policy vote at the June 19 meeting, with 6 members voting in favor of holding rates steady, and 3 members voting in favor of a 0.25% rate cut.

The markets expected a bigger 7-2 margin in favor of holding rates steady.

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