BUSINESSMERCOPRESS
Bank of England keeps rate at 3.75%; inflation 2.8% but energy prices remain volatile
The Bank of England's Monetary Policy Committee (MPC) voted 7–2 to keep the interest rate at 3.75%, with two members advocating for a 0.25 percentage point increase. The decision comes amid an inflation rate of 2.8% and ongoing volatility in energy prices.
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- Bank of England holds main interest rate at 3.75% as inflation pressures on UK economy become more benign
- Bank of England holds main interest rate at 3.75% as Iran war inflation pressures ease
- Bank of England holds interest rates at 3.75%