12 June 2025 UK Monitor MPC preview: on hold, but more open to a cut in August
10th Jun 2025 08:49UKDaily Monitor
- We expect the MPC to vote seven-to-two to keep Bank Rate on hold at next week’s meeting.
- Payrolls lift the chance of an August cut, but the MPC will likely stick to its “gradual and cautious” guidance.
- We are comfortable assuming only one more rate cut in this cycle, even if it may now come sooner.
Are you taking full advantage of our daily publications?
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
