BOE governor Bailey: We are likely to continue gradual downward path on the bank rate

2025-11-06 12:37:00

• We need to see downward path of inflation become more established before cutting again
• Today’s decision is based on two key judgements
• The first being underlying domestic price and wage pressures are continuing to ease
• The other being the risk of greater inflation persistence has become less pronounced

This article was written by Justin Low at investinglive.com.