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  • We expect the MPC to vote seven-to-two to hold Bank Rate, with a risk that only Huw Pill votes for a hike.
  • Dovish data-flow since the last MPC meeting means that guidance will shift towards being more balanced.
  • But rate-setters still need to validate the market curve to maintain tight enough financial conditions.

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Keywords for: 11 June 2026 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence