The Monetary Policy Committee (MPC) at the Bank of England (BOE) arrived at an unusual three-way split on Thursday, as members disagreed on the best path forward for interest rate cuts. Six members of the MPC voted to keep borrowing costs stable at 5.25%, two voted for an 0.25% rate raise, and one advocated for a 0.25% cut. “The three-way split on the MPC reflects the challenge of balancing still persistent inflationary pressures and the need to maintain tight policy for now, while also acknowledging the decline in inflation and low growth,” said Jens Larsen, director at Global Macro-Geoeconom…