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Evening Standard
Evening Standard
Anna Wise

Bank ‘unlikely’ to cut interest rates but decision a close call, experts say

Interest Rates Inflation Rachel Reeves Edward Allenby Barclays Goldman Sachs Monetary Policy MPC United Kingdom
Most economists expect rates to be kept at 4% (Aaron Chown/PA) - (PA Archive)

The Bank of England is widely expected to keep interest rates on hold next week but economists are bracing for a close-call decision with new economic data opening the door to a potential cut.

The Bank’s Monetary Policy Committee (MPC) will make its next decision on interest rates on Thursday.

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