https://www.cnbc.com/2025/12/18/bank-of-england-cuts-interest-rates-to-3point75percent.html
The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025.
The central bank’s nine-member monetary policy committee (MPC) on Thursday voted 5-4 to trim the benchmark interest rate by 25 basis points to 3.75%, marking the fourth cut of the year.
Do they have a nine-member committee so they can't result in deadlock? Four nay, five aye doesn't exude much confidence. I wonder if the nineth member flipped a coin.
Odd numbers are always better.
But neither gold, nor bitcoin budged. 🤔