BREAKING: EURGBP muted after BOE leaves interest rates unchanged 🎯

12:02 19 June 2025

12:00 PM BST, United Kingdom - BoE Interest Rate Decision for June:

  • actual 4.25%; forecast 4.25%; previous 4.25%;

12:00 PM BST, United Kingdom - BoE MPC vote hike for June:

  • actual 0; forecast 0; previous 0;

12:00 PM BST, United Kingdom - BoE MPC vote cut for June:

  • actual 3; forecast 2; previous 7;

12:00 PM BST, United Kingdom - BoE MPC vote unchanged for June:

  • actual 6; forecast 7; previous 2;

At its June 2025 meeting, the Bank of England’s Monetary Policy Committee voted 6–3 to keep the Bank Rate unchanged at 4.25%, with three members favoring a 0.25 percentage point cut. While inflation has eased significantly over the past two years, the Committee remains cautious due to persistent price pressures, especially with CPI rising to 3.4% in May. Weakened GDP growth, a loosening labor market, and moderating wage growth support the case for further easing, but global uncertainties—particularly rising energy prices from Middle East tensions—complicate the outlook. The MPC emphasized that monetary policy will remain restrictive as long as needed to ensure inflation returns sustainably to the 2% target, and that future decisions will be data-dependent and made on a meeting-by-meeting basis.

 

 

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Join over 1.6 Million investors from around the world