The Bank of England is expected to slow the pace of its quantitative tightening, which involves shrinking its $754 billion holdings of government bonds, following a recent rise in yields. Economists anticipate that upcoming announcements will provide more clarity on the central bank's longer-term strategy for managing its bond stockpile. Concurrently, recent interest rate cuts by the Bank of England have resulted in an estimated £11 billion financial impact on households. The lower rates have caused a significant loss in potential earnings from savings accounts, while many homeowners have yet to benefit due to mortgage deals locked in at higher rates.