The Bank of England has moved forward with an interest rate cut, though the decision came down to a closely contested vote among board members. More significantly, officials hinted that future reductions in borrowing costs could be even more measured than current expectations. This signals a shift in the central bank's cautious stance on monetary easing, suggesting policymakers are weighing inflation concerns alongside growth pressures. For crypto investors tracking macro conditions, this development underscores the broader tightening bias emerging across major central banks—a factor that historically influences risk appetite in digital asset markets.