Bank of England interest rate decision caught in a 6:3 split! After maintaining the benchmark interest rate at 4.25%, the policy balance tilts towards the dovish camp.

According to the Wisdom Finance APP, the Bank of England has voted to keep interest rates unchanged at 4.25% in a more divided vote than expected. Policymakers have weighed the UK's weak job market and sluggish economic growth against the increasingly tense geopolitical background. This decision has led to expectations of a possible 25 basis point rate cut in August.