Bank of England believes inflation has peaked as it holds interest rate

The Bank of England has kept its main interest rate on hold at 4% in its latest decision on November 6, 2025, stating that it believes the recent wave of inflation has peaked. This decision was made by a narrow 5-4 vote, with the majority preferring to wait for more evidence of cooling price pressures before a further cut.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-explained--6659607/support.Don’t miss our latest episodes! follow us to stay updates with fresh news everyday. Let’s keep the support our podcast to serve update news entire the world!