Monetary Policy Committee
committee of the Bank of England that decides the United Kingdom's official interest rate
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business Feb 1, 2026, 10:27 AM
Bank of England holds interest rates while battling high inflation - The Bank of England maintains interest rates at 3.75% following a close vote by its Monetary Policy Committee.
- Inflation unexpectedly rose to 3.4% in December, prompting policymakers to remain cautious about further rate cuts.
- Experts suggest that the next potential rate cut is likely to occur in April, as the Bank seeks to balance inflation control with economic growth.
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2026 All rights reserved
2026 All rights reserved