Dossier
Bank Rate
Coverage of Bank Rate in the Nexus archive.
- 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.