Bank of England holds interest rates while battling high inflation

Feb 1, 2026, 10:27 AM50

(Update: Feb 5, 2026, 1:02 AM)

Monetary Policy Committee

committee of the Bank of England that decides the United Kingdom's official interest rate

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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.

Monetary Policy Committee

committee of the Bank of England that decides the United Kingdom's official interest rate

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