BOE Holds Rate Steady as Two Members Unexpectedly Vote for a Cut

The video discusses the Bank of England's decision to keep the benchmark rate unchanged at 75 basis points, despite two unexpected dissenters voting for a rate cut. It highlights the new monetary policy report, inflation forecasts, and Brexit assumptions. Expert analysis is provided on the surprising split vote and its implications for the market, with insights from Bloomberg and financial institutions.

What factors did the Bank of England consider that led to a dovish tilt in their recent decision?

How did the market react to the Bank of England's recent decision, according to the text?