The voting ratio of the Bank of England shows concerns about the economy, opening the door for a rate cut in May.

On March 20, Jin Ten Data reported that Su Lun Tilu, the Chief Economist of ICAEW, stated that although the Bank of England's decision to maintain the interest rate was almost unanimously approved, with only one policymaker voting for a rate cut, this is enough to indicate that the Bank of England still has concerns about the health of the economy. He said this opens the door for a rate cut in May, and the future path remains fraught with uncertainty, indicating that interest rate setters will continue to adopt a slow and steady approach to easing monetary policy.