Preview: BoE Likely To Cut Rates In December, With A Split MPC

by Brunello Rosa and Nato Balavadze

In this paper, we discuss:

• The Bank of England’s expected cut in December, amid easing inflation and a weakening labour market;
• A split MPC, with dissenting members divided between concerns over growth risks and persistent inflation pressures;
• Guidance pointing to a gradual, data-dependent easing path;
• The expected market reaction.

Download PDF: BoE Preview December 2025