The hawkish stance of the Bank of England is increasingly isolated, with its deputy governor shifting to support a delay in interest rate hikes
2026-07-31 23:22:42
According to CoinMeta, the internal stance of the Bank of England’s Monetary Policy Committee is undergoing changes, with the three hawks who advocated for interest rate hikes gradually becoming isolated. The interest rate decision on Thursday showed a vote of 6 to 3, indicating that there was an increase in support for hikes due to concerns about the impact of the Iranian energy crisis. However, this result masked the fact that other members of the committee have shifted to a more dovish position. The attitudes of two deputy governors, Lamboardley and Ramsden, have changed, and the market believes that the committee has reached a majority consensus to maintain current interest rates unless inflation risks significantly rise. Ramsden stated that if the conflict eases and domestic price pressures continue to decline, the Bank of England may resume the previously suspended process of interest rate cuts. Analysts point out that the boundary between hawks and doves is being redefined, and the threshold for raising interest rates is now higher.
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Source:Jin10 Data
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