The Expat Trader

Decision: Held Bank Rate at 4.00% (7–2 vote; 2 wanted cut).

Tone: Neutral to modestly hawkish; inflation persistence a concern.

Outlook: Inflation easing but above target; cuts unlikely before 2026.

Decision: Held at 3.85%.

Tone: Neutral; cautious on inflation progress.

Outlook: Further cuts possible in 2026 if inflation slows more.

Decision: Cut 25 bps to 3.60%.

Tone: Dovish; easing continues on data-dependent basis.

Outlook: Inflation ~2.5%, unemployment ~4.3%; gradual easing expected.

Decision: Cut 25 bps to 3.00%.

Tone: Dovish; focused on weak growth and easing inflation.

Outlook: Inflation 2.7%, easing toward 2% mid-2026.

Decision: Held at 1.25%.

Tone: Neutral; cautious on CHF strength.

Outlook: Inflation remains under control; likely to hold near term.

Decision: Policy rate held at 0.50% (unanimous).

Tone: Slightly hawkish / cautious; inflation forecasts upgraded.

Outlook: Watching inflation & wages; potential hikes if data sustain.

Decision: Held at 2.00%.

Tone: Modestly hawkish / cautious; inflation near target.

Outlook: Growth resilient; risks from trade & politics.

Decision: Cut 25 bps to 4.00–4.25%.

Tone: Dovish, but highly data-dependent.

Outlook: Two more cuts expected in 2025 if inflation eases.