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FX Daily Updates
BoE Governor Bailey sees gradual downward path for rates
georgemiller
Publish Date: Thu, 06 Nov 2025, 12:44 PM

LONDON, Nov 6 (Reuters) - Bank of England Governor Andrew Bailey said Bank Rate was likely to continue to be on a "gradual downward path" after a 5-4 vote kept the central bank's benchmark rate at 4.0% on Thursday.
"We are likely to continue to be on a gradual downward path for Bank Rate," Bailey told a press conference.
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https://www.reuters.com/business/boe-governor-bailey-sees-gradual-downward-path-rates-2025-11-06/