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The Bank of England kept its benchmark rate at 4% in a 7-2 vote, with two members favoring a cut. The central bank also slowed the pace of quantitative tightening to 70 billion pounds a year.
Staff forecast UK CPI to peak at 4% in September 2025 and Q3 GDP growth of about 0.4%.
Steady UK rates with cautious guidance keep sterling supported and borrowing costs high, with limited direct impact on feed commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.