# Bank of England raises prospect of pause in rate cuts as uncertainty mounts

> The Bank of England voted 8-1 to hold its key rate at 4.5%, with only Swati Dhingra favoring a cut. The split was more hawkish than the 7-2 hold economists had expected.

- Date: 2025-03-20 · published 2025-03-20T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/25832-bank-of-england-raises-prospect-of-pause-in-rate-cuts-as-uncertainty-mounts
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A slower pace of rate cuts supports sterling and tightens financing conditions, which can modestly affect UK livestock and feed costs.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/rates-bonds/bank-england-tries-dampen-talk-quick-rate-cuts-face-uncertainty-2025-03-20/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.