The Bank of England committed to removing £368 billion of monetary-policy gilts by September 2034, including average annual runoff of £46 billion through maturities and £20 billion of active sales. The plan was approved unanimously, while Bank Rate stayed at 3.75% in a 6-3 vote, with Megan Greene, Catherine Mann and Huw Pill preferring 4%. The Bank will pause Asset Purchase Facility auctions while reviewing a possible arrangement with HM Treasury and the Debt Management Office, with operational details due by April 2027. It warned inflation could exceed 4% in early 2027 if Middle East-related energy risks persist. Separately, a Reuters poll of 16 property experts cut its forecast for UK home-price growth in 2026 to 1.3% from 1.8%, while Nationwide rents were forecast to rise 3.0% in 2026 and 2027. Initial trading saw 10-year gilt yields fall more than 7 basis points and 30-year yields nearly 10 basis points; Bitcoin traded near $78,000, but available snapshots did not establish a direct reaction.