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【CNBC】Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut

【CNBC】Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut

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  • The Bank of England voted to hold interest rates at its June meeting, which met market expectations after U.K. inflation fell to the central bank’s 2% target.
  • Traders are seeing an increased likelihood for a cut in August after the central bank described a “finely balanced” decision that saw policymakers divided on the threat of a second round of inflationary pressures.

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