• BoE keeps Bank Rate at 5.25%
  • Rate-setters split three ways in vote
  • Two MPC members backed a rate hike, one wanted a cut
  • Bailey says inflation moving in “right direction”
  • Investors continue to expect four rate cuts this year

https://www.reuters.com/markets/europe/bank-england-says-rates-under-review-inflation-seen-below-2-2024-02-01/