Monex: The Bank of England's interest rate cut pace remains unchanged, and voting differences have a limited impact on future actions.

Jin10 data reported on June 19 that NICK REES, the head of macro research at Monex, indicated that the Bank of England still appears to stick to the pace of cutting interest rates once every quarter. Although some comments have begun to downplay the speed of rate cuts initially proposed by Bailey, it seems that this is still part of their plan, even if it may not be an official statement. The biggest highlight of this meeting is the 6 to 3 voting divergence. This is dovish in the market consensus, and the market will interpret signals from it, but I believe this has limited impact on the Bank of England’s specific actions in the future.