Bank of England holds rates at 3.75% in 6-3 vote, warns inflation to top 4%

The Bank of England kept its main rate at 3.75% on September 17, with six of nine MPC members voting to hold and three backing a hike. It now sees inflation above 4% in early 2027, up from a prior 3.2% peak, and set out a long-term plan to unwind QE, halting long-dated gilt sales.

Detected & updated continuously · Source: Nebula