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2025-12-18 23:09:31
[Bank of England Hints at Low Short-Term Inflation Risks, Higher Medium-Term] Joaquin Thul of EFG Asset Management stated in a report that the Bank of England's policy guidance indicates that UK inflation is expected to continue declining in the coming months, but may rebound in the medium term. The Bank of England anticipates that UK budget measures will lead to a decline in inflation in the short term. However, tax measures that will take effect in the coming years could push up inflation. The Bank of England cut interest rates by 25 basis points to 3.75% on Thursday by a narrow 5-4 vote.
