1:00 PM · 19 December 2024

BREAKING: BoE leaves interest rates at 4.75%; GBPUSD ticks lower 🚨

GBP/USD
Forex
-
-

 Great Britain - BoE decision. Actual: 4.75%. Forecast: 4.75% (maintained)

The Bank of England has decided to keep interest rates on hold at 4.75%, as expected. The vote of BoE bankers is 3 to cut, 6 to maintain (MPC vote distribution was expected to be 1x8). More dovish vote share sends pound lower after BoE decision.

Traders add to BoE easing bets, see 58Bps of Cuts next year.

Governor Bailey - Due to heightened uncertainty in the economy, we can't commit to when or by how much we will cut rates in 2025.

 

Source: xStation 

17 October 2025, 7:03 PM

Daily summary: Trump remarks helps Wall Street 📈Precious metals decline

17 October 2025, 5:37 PM

Fed's Musalem remarks on the US economy and tariffs🗽

17 October 2025, 12:37 PM

The AI Fever: Bubble or Will It Keep Rising?

17 October 2025, 10:42 AM

Chart of the day - EURUSD (17.10.2025)

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits