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The Bank of England kept its policy rate at 3.75% on the 30th, but the 6-3 vote split — with three MPC members backing a 25bp hike — signals a hawkish tilt driven by energy-led inflation risk. The committee flagged that the Middle East war has disrupted energy shipping and lifted household fuel and utility costs, keeping the inflation outlook too uncertain to ease. A hawkish-leaning hold supports GBP and gilt yields at the margin and reinforces the higher-for-longer rate backdrop that caps risk-asset liquidity, so watch upcoming UK CPI prints and energy prices for whether the hike camp grows.
As a Macro signal, watch whether it changes price action, volatility, or flows around GBPUSD=X.
Original Source: 연합인포맥스
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