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2025-12-19 00:53:17
[Investors: UK Easing Pace May Slow, But Worsening Economic Conditions Could Lead Policymakers to More Aggressive Rate Cuts] The Bank of England's rate cut is undoubtedly good news for households squeezed by the cost of living crisis, said Suren Thiru, ICAEW's Director of Economics. "While the minutes showed some lingering concerns about the persistence of inflation, this decision indicates that policymakers are prioritizing measures to mitigate the effects of the deteriorating economy," he said. Given that last month's budget could have a downside impact on inflation and economic growth, this may have helped facilitate the easing policy. Thiru indicated that the pace of easing may slow, but worsening economic conditions could lead policymakers to cut rates more aggressively, possibly as early as February.
