BOE Rate Cut This Week More Disputed Than Appears -- Market Talk

Dow Jones12-15

1506 GMT - A Bank of England interest-rate cut is more contentious than market pricing suggests, ING economist James Smith says in a note. While investors are pricing in around a 90% probability of a 25 basis-point reduction, data since last month's decision "hasn't exactly been a slam dunk for a cut this time", he says. October inflation saw a rebound in food inflation and continued stickiness in services, while the government budget announcement failed to move the dial in favor of more cuts, he says. Taxes may ultimately be going up by 26 billion pounds a year from budget measures, but in the 2026 tax year revenues are expected to be up by less than 1 billion pounds, meaning if anything the budget results in a small stimulus next year, Smith says. (edward.frankl@wsj.com)

(END) Dow Jones Newswires

December 15, 2025 10:06 ET (15:06 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2591647202?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-15 23:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2591647202","market":"other","top_or_hot":-1,"title":"BOE Rate Cut This Week More Disputed Than Appears -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1506 GMT - A Bank of England interest-rate cut is more contentious than market pricing suggests, ING economist James Smith says in a note. While investors are pricing in around a 90% probability of a 25 basis-point reduction, data since last month's decision \"hasn't exactly been a slam dunk for a cut this time\", he says. October inflation saw a rebound in food inflation and continued stickiness in services, while the government budget announcement failed to move the dial in favor of more cuts, he says. Taxes may ultimately be going up by 26 billion pounds a year from budget measures, but in the 2026 tax year revenues are expected to be up by less than 1 billion pounds, meaning if anything the budget results in a small stimulus next year, Smith says. (edward.frankl@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 15, 2025 10:06 ET (15:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOE Rate Cut This Week More Disputed Than Appears -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOE Rate Cut This Week More Disputed Than Appears -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-15 23:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1506 GMT - A Bank of England interest-rate cut is more contentious than market pricing suggests, ING economist James Smith says in a note. While investors are pricing in around a 90% probability of a 25 basis-point reduction, data since last month's decision \"hasn't exactly been a slam dunk for a cut this time\", he says. October inflation saw a rebound in food inflation and continued stickiness in services, while the government budget announcement failed to move the dial in favor of more cuts, he says. Taxes may ultimately be going up by 26 billion pounds a year from budget measures, but in the 2026 tax year revenues are expected to be up by less than 1 billion pounds, meaning if anything the budget results in a small stimulus next year, Smith says. (edward.frankl@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 15, 2025 10:06 ET (15:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOE","symbol_name":"黑岩全球成长基金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2591647202","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2591647202","pubTimestamp":1765811160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1506 GMT - A Bank of England interest-rate cut is more contentious than market pricing suggests, ING economist James Smith says in a note. While investors are pricing in around a 90% probability of a 25 basis-point reduction, data since last month's decision \"hasn't exactly been a slam dunk for a cut this time\", he says. October inflation saw a rebound in food inflation and continued stickiness in services, while the government budget announcement failed to move the dial in favor of more cuts, he says. Taxes may ultimately be going up by 26 billion pounds a year from budget measures, but in the 2026 tax year revenues are expected to be up by less than 1 billion pounds, meaning if anything the budget results in a small stimulus next year, Smith says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE":"黑岩全球成长基金"},"translate_title":"英国央行本周降息的争议比看起来更大——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE":1.5},"content_text":"1506 GMT - A Bank of England interest-rate cut is more contentious than market pricing suggests, ING economist James Smith says in a note. While investors are pricing in around a 90% probability of a 25 basis-point reduction, data since last month's decision \"hasn't exactly been a slam dunk for a cut this time\", he says. October inflation saw a rebound in food inflation and continued stickiness in services, while the government budget announcement failed to move the dial in favor of more cuts, he says. Taxes may ultimately be going up by 26 billion pounds a year from budget measures, but in the 2026 tax year revenues are expected to be up by less than 1 billion pounds, meaning if anything the budget results in a small stimulus next year, Smith says. (edward.frankl@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 15, 2025 10:06 ET (15:06 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2591647202","isCrawlerRequest":true}