# BREAKING: Bank of England cuts rates by 25 bps. GBPUSD reacts losing 1% | XTB

> The Bank of England cut rates by 25 basis points to 4.5% in line with market expectations. It forecasts inflation peaking at 3.7% in summer and UK growth of 0.75% this year, and it expects one or two further cuts in 2025. GBPUSD fell about 1% after the decision.

- Date: 2025-02-06 · published 2025-02-06T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/26322-breaking-bank-of-england-cuts-rates-by-25-bps-gbpusd-reacts-losing-1-xtb
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The dovish outlook is expected to keep sterling under pressure against the dollar. The direct effect on feed markets is limited.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- xtb.com: https://www.xtb.com/int/market-analysis/news-and-research/breaking-bank-of-england-cuts-rates-by-25-bps-gbpusd-reacts-losing-1

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