The Bank of England's Governor has made a significant pivot, joining the rate-cut camp in the latest decision. His reasoning is straightforward: the current trajectory still points toward lower borrowing costs down the line. However, here's where it gets interesting—each rate reduction brings fresh uncertainty into the equation. The central bank can't simply map out a predetermined path anymore. Each move requires reassessment, making the ultimate extent of cuts harder to predict. Markets are now weighing how aggressive the easing cycle might become, especially as economic data continues to reshape expectations. This shift signals cautious optimism about inflation progress, yet the hesitation in forecasting further cuts reflects genuine concern about unintended consequences. For those watching global monetary policy, this represents a turning point in how central banks communicate forward guidance.