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Story summary
- On December 9, 2025, Bank of England policymakers expressed divergent views on rates ahead of December 18.
- Clare Lombardelli, Deputy Governor of the Bank of England, warned of inflation risks near the end of the rate-cutting cycle.
- Dave Ramsden, Deputy Governor of the Bank of England, stated inflation would decline as expected.
- Markets priced in an 88% chance of a December 18 rate cut.
