Bank of England Chief Economist Huw Pill is speaking on Friday, August 8, 2025

• gives an online presentation of the central bank’s new forecasts and latest policy decision
• coming up at 1115 GMT / 0715 US Eastern time

GBP has found some support on the split decision and the prospect of a lower cut path ahead.

• BOE cuts bank rate by 25 bps to 4.00% as expected in August policy decision

• BOE governor Bailey: It is clear that the balance of distribution today was to cut rates
• BOE governor Bailey: Pay growth has come in lower than what we thought it would be
• investingLive European FX news wrap: BoE delivers a hawkish cut
• BOE governor Bailey: Important that we do not cut the bank rate too quickly or too much

• Bank of England tensions mount – Split BOE vote sets stage for more pound gains

This article was written by Eamonn Sheridan at investinglive.com.

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