Market Analysis: UK Central Bank policymakers may have disagreements due to a complex outlook.

Jin10 data August 4th, Tickmill Group's Patrick Munnelly said in a report that due to the complex outlook in the UK, the policymakers of the Bank of England may have differing views on Thursday's interest rate decision. The UK's inflation rate remains well above the 2% target, while economic growth is slowing. "This trade-off - inflation above target versus output below potential - supports both the likelihood of a split voting outcome and cautious policy guidance," Munnelly stated. LSEG data shows that the market expects a 92% chance of the Bank of England cutting rates by 25 basis points this week.