# Analysts react to Bank of England rate cut

> The Bank of England cut rates by a quarter point to 4.5%, in line with a Reuters poll, while two policymakers voted for a bigger cut. The bank expects a sharp upward revision to this year's inflation forecast to prove temporary. Sterling fell about 1% to $1.2370.

- Date: 2025-02-06 · published 2025-02-06T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/26317-analysts-react-to-bank-of-england-rate-cut
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A split committee and a weaker growth outlook point to further easing, which tends to weaken sterling against the dollar. The move has little direct bearing on feed commodity prices.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/uk/view-bank-england-cut-rates-again-sterling-falls-2025-02-06/

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