Preview: BoE To Stay put in November, Ahead of The Government’s Budget

by Brunello Rosa and Nato Balavadze

In this paper, we discuss:

• The loss of momentum in the UK economy in Q2 2025 after a strong start to the year; 
• The BoE’s expected decision to hold its Bank Rate in November; The expected downgrade in UK inflation forecasts;
• The market reaction that may follow the decision and press conference.

Download PDF: BOE Preview November 2025