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Sep 18, 2025

Review: BoE Leaves Rates Unchanged, With Minimal MPC Split

Brunello Rosa

Nato Balavadze

by Brunello Rosa and Nato Balavadze

In this paper, we discuss:

  • The BoE’s assessment of the UK economy, which is softening; 
  • Today’s decision to leave Bank Rate unchanged; 
  • The 7-2 split within the MPC to keep rates unchanged;
  • The muted market reaction to today’s decision. 

Download PDF: BoE Review September 2025

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